Materials Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of the Materials Select Sector Index (the Index). The Index includes companies involved in such industries as chemicals; metals and mining; paper and forest products; containers and packaging, and construction materials. The Fund's investment advisor is SSgA Funds Management, Inc.
Basic Details
Issuer SSgA
Fund NameMaterials Select Sector SPDR Fund
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:XLB
Inception Date12/16/1998
Fund ManagerMike Feehily, Karl Schneider, Ted Janowsky
Phone+1-866-7872257
Fund Focus
Asset ClassEquity
BenchmarkS&P Materials Select Sector Index
CategorySector
FocusBasic Materials
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$4.09 billion
Average Daily Volume$6.02 million
Discount/Premium-0.02%
ETF Expenses
Management Fee0.03%
Other Expenses0.10%
Total Expenses0.13%
Fee Waiver0.00%
Net Expenses0.13%
Administrator, Advisor and Custodian
AdministratorState Street Bank and Trust Company
AdvisorSSgA Funds Management, Inc.
CustodianState Street Bank and Trust Company
DistributorALPS Portfolio Solutions Distributor, Inc.
Transfer AgentState Street Bank and Trust Company
Trustee
Lead Market MakerVirtu Financial
Materials Select Sector SPDR Fund (NYSEARCA:XLB) Frequently Asked Questions
What is Materials Select Sector SPDR Fund's stock symbol?
Materials Select Sector SPDR Fund trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "XLB."
How often does Materials Select Sector SPDR Fund pay dividends? What is the dividend yield for Materials Select Sector SPDR Fund?
Materials Select Sector SPDR Fund announced a quarterly dividend on Friday, December 20th. Shareholders of record on Monday, December 23rd will be paid a dividend of $0.3338 per share on Thursday, December 26th. This represents a $1.34 dividend on an annualized basis and a yield of 2.24%. The ex-dividend date of this dividend is Friday, December 20th. This is a positive change from Materials Select Sector SPDR Fund's previous quarterly dividend of $0.24. View Materials Select Sector SPDR Fund's Dividend History.
Has Materials Select Sector SPDR Fund been receiving favorable news coverage?
News coverage about XLB stock has trended negative this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Materials Select Sector SPDR Fund earned a coverage optimism score of -2.7 on InfoTrie's scale. They also gave news coverage about the exchange traded fund a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the near future. View News Stories for Materials Select Sector SPDR Fund.
What other stocks do shareholders of Materials Select Sector SPDR Fund own?
Who are Materials Select Sector SPDR Fund's key executives?
Materials Select Sector SPDR Fund's management team includes the folowing people:
- Michael Feehily, Member of the Management Board
- John A. Tucker, Member of the Management Board (Age 1)
Who are Materials Select Sector SPDR Fund's major shareholders?
Materials Select Sector SPDR Fund's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Country Trust Bank (0.90%), Biltmore Wealth Management LLC (0.16%), OLD National Bancorp IN (0.14%), Hanlon Investment Management Inc. (0.08%), Ayalon Holdings Ltd. (0.07%) and TIAA FSB (0.07%).
Which institutional investors are selling Materials Select Sector SPDR Fund stock?
XLB stock was sold by a variety of institutional investors in the last quarter, including OLD National Bancorp IN, Landsberg Bennett & Dubbaneh LLC, Country Trust Bank, NEXT Financial Group Inc, TIAA FSB, Hanlon Investment Management Inc., Camelot Portfolios LLC and Merriman Wealth Management LLC.
Which institutional investors are buying Materials Select Sector SPDR Fund stock?
XLB stock was bought by a variety of institutional investors in the last quarter, including Loveless Wealth Management LLC, Ayalon Holdings Ltd., IFP Advisors Inc, Chemung Canal Trust Co., Telemus Capital LLC, Janney Montgomery Scott LLC, J.W. Cole Advisors Inc. and Signet Financial Management LLC.
How do I buy shares of Materials Select Sector SPDR Fund?
Shares of XLB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Materials Select Sector SPDR Fund's stock price today?
One share of XLB stock can currently be purchased for approximately $59.74.
How big of a company is Materials Select Sector SPDR Fund?
What is Materials Select Sector SPDR Fund's official website?
How can I contact Materials Select Sector SPDR Fund?
Materials Select Sector SPDR Fund's mailing address is One Lincoln Street, BOSTON, MA 02211, United States. The exchange traded fund can be reached via phone at +1-866-7872257.
MarketBeat Community Rating for Materials Select Sector SPDR Fund (NYSEARCA XLB)
MarketBeat's community ratings are surveys of what our community members think about Materials Select Sector SPDR Fund and other stocks. Vote "Outperform" if you believe XLB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe XLB will underperform the S&P 500 over the long term. You may vote once every thirty days.
