Steward Partners Investment Advisory LLC Bought 1,185 Shares of SPDR S&P MidCap 400 ETF Trust (MDY)

Steward Partners Investment Advisory LLC Bought 1,185 Shares of SPDR S&P MidCap 400 ETF Trust (MDY)

Steward Partners Investment Advisory LLC boosted its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 10.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 12,982 shares of the exchange traded fund’s stock after acquiring an additional 1,185 shares during the period. Steward Partners Investment Advisory LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $4,770,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Renaissance Technologies LLC purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the second quarter valued at approximately $2,982,000. Morgan Stanley increased its position in SPDR S&P MidCap 400 ETF Trust by 19.2% during the second quarter. Morgan Stanley now owns 1,416,552 shares of the exchange traded fund’s stock worth $502,903,000 after purchasing an additional 227,920 shares during the last quarter. Bank of Montreal Can increased its position in SPDR S&P MidCap 400 ETF Trust by 1.3% during the third quarter. Bank of Montreal Can now owns 663,605 shares of the exchange traded fund’s stock worth $243,849,000 after purchasing an additional 8,229 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new position in SPDR S&P MidCap 400 ETF Trust during the second quarter worth approximately $602,000. Finally, Chicago Partners Investment Group LLC increased its position in SPDR S&P MidCap 400 ETF Trust by 1.0% during the second quarter. Chicago Partners Investment Group LLC now owns 43,325 shares of the exchange traded fund’s stock worth $15,381,000 after purchasing an additional 410 shares during the last quarter.

Shares of MDY stock opened at $347.85 on Thursday. SPDR S&P MidCap 400 ETF Trust has a one year low of $321.61 and a one year high of $374.10.

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 31st. Investors of record on Monday, September 24th were given a dividend of $1.056 per share. This is a positive change from SPDR S&P MidCap 400 ETF Trust’s previous quarterly dividend of $1.01. The ex-dividend date was Friday, September 21st. This represents a $4.22 annualized dividend and a yield of 1.21%.

About SPDR S&P MidCap 400 ETF Trust

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.

See Also: Price to Earnings Ratio (PE) Basics

Related posts

Leave a Comment