SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) Holdings Reduced by Strategic Investment Advisors MI

Strategic Investment Advisors MI lowered its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 37.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,439 shares of the exchange traded fund’s stock after selling 2,710 shares during the quarter. SPDR S&P MidCap 400 ETF Trust comprises about 1.1% of Strategic Investment Advisors MI’s portfolio, making the stock its 26th biggest holding. Strategic Investment Advisors MI’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $1,533,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently bought and sold shares of MDY. Murphy Pohlad Asset Management LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at about $26,000. Cullen Frost Bankers Inc. acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the first quarter worth about $52,000. Private Ocean LLC lifted its position in shares of SPDR S&P MidCap 400 ETF Trust by 93.0% during the fourth quarter. Private Ocean LLC now owns 193 shares of the exchange traded fund’s stock worth $58,000 after purchasing an additional 93 shares in the last quarter. Essex Savings Bank acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $61,000. Finally, Doyle Wealth Management acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the fourth quarter worth about $61,000.

Shares of MDY traded up $1.89 during mid-day trading on Friday, hitting $339.95. 64,122 shares of the company’s stock were exchanged, compared to its average volume of 1,114,750. SPDR S&P MidCap 400 ETF Trust has a fifty-two week low of $284.45 and a fifty-two week high of $374.10.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Monday, March 18th were given a dividend of $0.8844 per share. The ex-dividend date was Friday, March 15th. This represents a $3.54 annualized dividend and a dividend yield of 1.04%.

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SPDR S&P MidCap 400 ETF Trust Profile

SPDR S&P MidCap 400 ETF is an exchange traded fund. SPDR MidCap 400 Trust focuses to correspond to the price and yield performance of the S&P MidCap 400 Index. The S&P MidCap 400 covers over 7% of the United States equities market, and is part of a series of S&P the United States indices. The index also includes companies, which should have four consecutive quarters of positive as-reported earnings, excluding discontinued operations and extraordinary items.

Further Reading: Gap Down Stocks

Institutional Ownership by Quarter for SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

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