Truepoint Inc. cut its position in SPDR S&P MidCap 400 ETF (NYSE:MDY) by 3.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,492 shares of the exchange traded fund’s stock after selling 136 shares during the period. Truepoint Inc.’s holdings in SPDR S&P MidCap 400 ETF were worth $1,114,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently added to or reduced their stakes in MDY. Sage Advisory Services Ltd.Co. increased its position in SPDR S&P MidCap 400 ETF by 112.2% in the second quarter. Sage Advisory Services Ltd.Co. now owns 191,068 shares of the exchange traded fund’s stock worth $60,695,000 after buying an additional 101,035 shares in the last quarter. FineMark National Bank & Trust increased its position in SPDR S&P MidCap 400 ETF by 24.0% in the second quarter. FineMark National Bank & Trust now owns 133,215 shares of the exchange traded fund’s stock worth $42,312,000 after buying an additional 25,770 shares in the last quarter. Chicago Partners Investment Group LLC increased its position in SPDR S&P MidCap 400 ETF by 40.5% in the second quarter. Chicago Partners Investment Group LLC now owns 35,994 shares of the exchange traded fund’s stock worth $11,122,000 after buying an additional 10,384 shares in the last quarter. MCF Advisors LLC increased its position in SPDR S&P MidCap 400 ETF by 9.2% in the second quarter. MCF Advisors LLC now owns 85,887 shares of the exchange traded fund’s stock worth $27,280,000 after buying an additional 7,228 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its position in SPDR S&P MidCap 400 ETF by 38.5% in the second quarter. Janney Montgomery Scott LLC now owns 17,078 shares of the exchange traded fund’s stock worth $5,424,000 after buying an additional 4,746 shares in the last quarter.
SPDR S&P MidCap 400 ETF (NYSE:MDY) traded down 0.33% during trading on Monday, reaching $307.35. The company had a trading volume of 110,287 shares. The company has a 50 day moving average price of $318.59 and a 200 day moving average price of $314.95. SPDR S&P MidCap 400 ETF has a 52-week low of $268.25 and a 52-week high of $326.88.
The company also recently declared a quarterly dividend, which was paid on Monday, July 31st. Investors of record on Tuesday, June 20th were paid a $0.5241 dividend. The ex-dividend date of this dividend was Friday, June 16th. This represents a $2.10 annualized dividend and a yield of 0.68%.
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SPDR S&P MidCap 400 ETF Company 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.
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