Smith Shellnut Wilson LLC ADV Takes Position in SPDR S&P MidCap 400 ETF Trust (MDY)

Smith Shellnut Wilson LLC ADV bought a new position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) during the third quarter, according to its most recent 13F filing with the SEC. The fund bought 708 shares of the exchange traded fund’s stock, valued at approximately $260,000.

Several other institutional investors have also bought and sold shares of MDY. Morgan Stanley grew its holdings in SPDR S&P MidCap 400 ETF Trust by 19.2% during the 2nd quarter. Morgan Stanley now owns 1,416,552 shares of the exchange traded fund’s stock valued at $502,903,000 after purchasing an additional 227,920 shares during the last quarter. Cornerstone Wealth Management LLC grew its holdings in SPDR S&P MidCap 400 ETF Trust by 38,483.7% during the 2nd quarter. Cornerstone Wealth Management LLC now owns 1,337,310 shares of the exchange traded fund’s stock valued at $3,766,000 after purchasing an additional 1,333,844 shares during the last quarter. Victory Capital Management Inc. grew its holdings in SPDR S&P MidCap 400 ETF Trust by 217.2% during the 2nd quarter. Victory Capital Management Inc. now owns 455,945 shares of the exchange traded fund’s stock valued at $161,870,000 after purchasing an additional 312,186 shares during the last quarter. LPL Financial LLC grew its holdings in SPDR S&P MidCap 400 ETF Trust by 10.4% during the 1st quarter. LPL Financial LLC now owns 446,104 shares of the exchange traded fund’s stock valued at $152,447,000 after purchasing an additional 42,160 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in SPDR S&P MidCap 400 ETF Trust by 2.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 367,398 shares of the exchange traded fund’s stock valued at $130,435,000 after purchasing an additional 8,253 shares during the last quarter.

Shares of NYSEARCA:MDY opened at $346.79 on Thursday. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $321.61 and a 12 month high of $374.10.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 31st. Investors of record on Monday, September 24th will be issued a dividend of $1.056 per share. This represents a $4.22 annualized dividend and a yield of 1.22%. This is an increase from SPDR S&P MidCap 400 ETF Trust’s previous quarterly dividend of $1.01. The ex-dividend date of this dividend is Friday, September 21st.

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

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