Capital Advantage Inc. lowered its stake in shares of SPDR S&P MidCap 400 ETF (NYSE:MDY) by 12.5% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 14,825 shares of the exchange traded fund’s stock after selling 2,117 shares during the period. SPDR S&P MidCap 400 ETF accounts for 1.2% of Capital Advantage Inc.’s portfolio, making the stock its 15th largest position. Capital Advantage Inc.’s holdings in SPDR S&P MidCap 400 ETF were worth $4,709,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the stock. Victory Capital Management Inc. boosted its stake in SPDR S&P MidCap 400 ETF by 127.2% in 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 during the period. Sage Advisory Services Ltd.Co. boosted its stake 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 valued at $60,695,000 after buying an additional 101,035 shares during the period. BDO Wealth Advisors LLC acquired a new stake in SPDR S&P MidCap 400 ETF during the second quarter valued at approximately $19,602,000. FineMark National Bank & Trust boosted its stake 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 valued at $42,312,000 after buying an additional 25,770 shares during the period. Finally, Usca Ria LLC boosted its stake in SPDR S&P MidCap 400 ETF by 1,411.6% in the second quarter. Usca Ria LLC now owns 14,088 shares of the exchange traded fund’s stock valued at $4,475,000 after buying an additional 13,156 shares during the period.

SPDR S&P MidCap 400 ETF (NYSE MDY) traded up 0.48% during midday trading on Friday, hitting $311.62. The company had a trading volume of 634,217 shares. SPDR S&P MidCap 400 ETF has a 52 week low of $268.25 and a 52 week high of $326.88. The stock has a 50 day moving average price of $317.53 and a 200-day moving average price of $315.05.

The company also recently announced a quarterly dividend, which was paid on Monday, July 31st. Stockholders of record on Tuesday, June 20th were given a dividend of $0.5241 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.67%. The ex-dividend date was Friday, June 16th.

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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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