Linscomb & Williams Inc. Buys 3,393 Shares of SPDR S&P MidCap 400 ETF (MDY)

Linscomb & Williams Inc. raised its stake in shares of SPDR S&P MidCap 400 ETF (NYSE:MDY) by 9.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,280 shares of the exchange traded fund’s stock after buying an additional 3,393 shares during the period. SPDR S&P MidCap 400 ETF accounts for approximately 1.2% of Linscomb & Williams Inc.’s portfolio, making the stock its 13th biggest holding. Linscomb & Williams Inc.’s holdings in SPDR S&P MidCap 400 ETF were worth $13,111,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of MDY. Victory Capital Management Inc. raised its holdings in SPDR S&P MidCap 400 ETF by 127.2% during the second quarter. Victory Capital Management Inc. now owns 362,522 shares of the exchange traded fund’s stock valued at $115,144,000 after buying an additional 202,951 shares in the last quarter. Sage Advisory Services Ltd.Co. raised its holdings in SPDR S&P MidCap 400 ETF by 112.2% during the second quarter. Sage Advisory Services Ltd.Co. now owns 191,068 shares of the exchange traded fund’s stock valued at $60,695,000 after buying an additional 101,035 shares in the last quarter. BDO Wealth Advisors LLC bought a new position in SPDR S&P MidCap 400 ETF during the second quarter valued at about $19,602,000. TIAA FSB bought a new position in SPDR S&P MidCap 400 ETF during the second quarter valued at about $10,710,000. Finally, FineMark National Bank & Trust raised its holdings in SPDR S&P MidCap 400 ETF by 24.0% during the second quarter. FineMark National Bank & Trust now owns 133,215 shares of the exchange traded fund’s stock valued at $42,312,000 after buying an additional 25,770 shares in the last quarter.

SPDR S&P MidCap 400 ETF (NYSE:MDY) traded up 0.05% during trading on Wednesday, reaching $330.78. The company’s stock had a trading volume of 149,471 shares. SPDR S&P MidCap 400 ETF has a 52 week low of $268.25 and a 52 week high of $331.61. The company’s 50 day moving average price is $319.80 and its 200 day moving average price is $316.80.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 31st. Stockholders of record on Monday, September 18th will be paid a dividend of $1.4451 per share. This represents a $5.78 dividend on an annualized basis and a dividend yield of 1.75%. This is an increase from SPDR S&P MidCap 400 ETF’s previous quarterly dividend of $0.52. The ex-dividend date of this dividend is Friday, September 15th.

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About SPDR S&P MidCap 400 ETF

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

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