SPDR S&P MidCap 400 ETF (MDY) Shares Sold by Motco

Motco trimmed its holdings in shares of SPDR S&P MidCap 400 ETF (NYSEARCA:MDY) by 17.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 22,410 shares of the exchange traded fund’s stock after selling 4,781 shares during the quarter. Motco’s holdings in SPDR S&P MidCap 400 ETF were worth $7,314,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of MDY. Barnett & Company Inc. purchased a new stake in SPDR S&P MidCap 400 ETF in the second quarter worth $103,000. Heritage Trust Co purchased a new stake in SPDR S&P MidCap 400 ETF in the second quarter worth $106,000. Monetary Management Group Inc. increased its position in SPDR S&P MidCap 400 ETF by 5.6% in the second quarter. Monetary Management Group Inc. now owns 375 shares of the exchange traded fund’s stock worth $119,000 after buying an additional 20 shares during the last quarter. Jackson Grant Investment Advisers Inc. increased its position in SPDR S&P MidCap 400 ETF by 0.3% in the second quarter. Jackson Grant Investment Advisers Inc. now owns 388 shares of the exchange traded fund’s stock worth $123,000 after buying an additional 1 shares during the last quarter. Finally, Sei Investments Co. increased its position in SPDR S&P MidCap 400 ETF by 14.3% in the second quarter. Sei Investments Co. now owns 465 shares of the exchange traded fund’s stock worth $148,000 after buying an additional 58 shares during the last quarter.

SPDR S&P MidCap 400 ETF (NYSEARCA:MDY) traded down $1.54 during trading hours on Thursday, reaching $330.87. The company’s stock had a trading volume of 922,700 shares, compared to its average volume of 1,142,309. SPDR S&P MidCap 400 ETF has a twelve month low of $289.37 and a twelve month high of $335.71.

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 31st. Shareholders of record on Monday, September 18th were given a $1.4451 dividend. This is an increase from SPDR S&P MidCap 400 ETF’s previous quarterly dividend of $0.52. This represents a $5.78 dividend on an annualized basis and a yield of 1.75%. The ex-dividend date was 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 (NYSEARCA:MDY)

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