SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) Stock Position Increased by Signature Estate & Investment Advisors LLC

Signature Estate & Investment Advisors LLC raised its position in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 2.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,401 shares of the company’s stock after purchasing an additional 249 shares during the period. Signature Estate & Investment Advisors LLC owned 0.07% of SPDR S&P Aerospace & Defense ETF worth $1,725,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Sanctuary Advisors LLC increased its holdings in shares of SPDR S&P Aerospace & Defense ETF by 14.1% during the fourth quarter. Sanctuary Advisors LLC now owns 2,415 shares of the company’s stock valued at $424,000 after purchasing an additional 299 shares during the period. Steward Partners Investment Advisory LLC increased its stake in SPDR S&P Aerospace & Defense ETF by 5.7% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,118 shares of the company’s stock valued at $517,000 after buying an additional 168 shares during the period. Raymond James Financial Inc. bought a new stake in shares of SPDR S&P Aerospace & Defense ETF during the 4th quarter worth about $22,118,000. Allworth Financial LP boosted its holdings in shares of SPDR S&P Aerospace & Defense ETF by 36.5% in the fourth quarter. Allworth Financial LP now owns 617 shares of the company’s stock valued at $110,000 after acquiring an additional 165 shares in the last quarter. Finally, World Investment Advisors LLC increased its stake in shares of SPDR S&P Aerospace & Defense ETF by 4.3% during the third quarter. World Investment Advisors LLC now owns 9,838 shares of the company’s stock valued at $1,548,000 after acquiring an additional 402 shares during the period.

SPDR S&P Aerospace & Defense ETF Price Performance

XAR opened at $170.22 on Wednesday. The business has a 50 day moving average price of $168.66 and a two-hundred day moving average price of $165.26. The company has a market capitalization of $2.75 billion, a price-to-earnings ratio of 28.68 and a beta of 1.13. SPDR S&P Aerospace & Defense ETF has a 1-year low of $131.78 and a 1-year high of $181.39.

SPDR S&P Aerospace & Defense ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, March 26th. Investors of record on Monday, March 24th will be paid a dividend of $0.1897 per share. The ex-dividend date is Monday, March 24th. This is a boost from SPDR S&P Aerospace & Defense ETF’s previous dividend of $0.16.

SPDR S&P Aerospace & Defense ETF Profile

The SPDR S&P Aerospace & Defense ETF (XAR) is an exchange-traded fund that mostly invests in industrials equity. The fund tracks an equal-weighted index of US aerospace & defense companies. XAR was launched on Sep 28, 2011 and is managed by State Street.