[2] It was created under the advocacy of the patron saint, Our Lady of the Rosary, and its original purpose was to train nobles in the use of arms and war horsemanship in order to better serve the Spanish Crown.

Ten years later, it drew up and ratified its own bylaws, and it underwent successive reforms in 1732, 1793, 1913, 1966, and finally in 1978.

It was the first of the maestranzas de caballería to gain the privilege of being led by a member of the Spanish monarchy, in 1730.

[3] The order has been led by the following members of the Spanish royal family as Hermanos Mayores (literally 'older brothers'): Since the outset, the institution has also organized many public events in the city of Sevilla, and it was one of the first guilds to sponsor equestrian sports there.

[4] In 2021, the uniform was worn at his wedding by Carlos Fitz-James Stuart, 22nd Count of Osorno, younger son of the Duke of Alba.