Thrivent Financial for Lutherans Has $2.45 Million Stock Holdings in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Thrivent Financial for Lutherans lifted its stake in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) by 302.1% in the fourth quarter, HoldingsChannel reports. The firm owned 23,397 shares of the exchange traded fund’s stock after purchasing an additional 17,578 shares during the period. Thrivent Financial for Lutherans’ holdings in SPDR S&P Homebuilders ETF were worth $2,445,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Pinnacle Financial Partners Inc lifted its stake in SPDR S&P Homebuilders ETF by 1.0% during the fourth quarter. Pinnacle Financial Partners Inc now owns 10,311 shares of the exchange traded fund’s stock valued at $1,078,000 after buying an additional 103 shares in the last quarter. Allworth Financial LP lifted its position in shares of SPDR S&P Homebuilders ETF by 13.8% in the 4th quarter. Allworth Financial LP now owns 1,158 shares of the exchange traded fund’s stock valued at $129,000 after acquiring an additional 140 shares in the last quarter. Great Valley Advisor Group Inc. grew its position in SPDR S&P Homebuilders ETF by 6.9% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 2,618 shares of the exchange traded fund’s stock worth $326,000 after purchasing an additional 169 shares in the last quarter. Wilmington Savings Fund Society FSB raised its stake in SPDR S&P Homebuilders ETF by 8.3% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 2,606 shares of the exchange traded fund’s stock valued at $325,000 after purchasing an additional 200 shares during the period. Finally, AAFMAA Wealth Management & Trust LLC lifted its holdings in shares of SPDR S&P Homebuilders ETF by 2.3% in the fourth quarter. AAFMAA Wealth Management & Trust LLC now owns 10,364 shares of the exchange traded fund’s stock valued at $1,083,000 after purchasing an additional 229 shares in the last quarter.

SPDR S&P Homebuilders ETF Stock Down 0.3 %

Shares of SPDR S&P Homebuilders ETF stock opened at $98.78 on Friday. The stock has a market cap of $1.46 billion, a PE ratio of 12.18 and a beta of 1.51. SPDR S&P Homebuilders ETF has a 12 month low of $95.18 and a 12 month high of $126.09. The business has a fifty day simple moving average of $103.85 and a 200-day simple moving average of $111.91.

SPDR S&P Homebuilders ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th were given a dividend of $0.313 per share. The ex-dividend date of this dividend was Monday, March 24th. This is a positive change from SPDR S&P Homebuilders ETF’s previous dividend of $0.15.

SPDR S&P Homebuilders ETF Company Profile

SPDR S&P Homebuilders ETF (the Fund) seeks to closely match the returns and characteristics of the S&P Homebuilders Select Industry Index. The S&P Homebuilders Select Industry Index represents the homebuilding sub-industry portion of the S&P Total Markets Index. The S&P TMI tracks all the United States common stocks listed on the New York Stock Exchange, American Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) National Market and NASDAQ Small Cap exchanges.