Thompson Davis & CO. Inc. reduced its holdings in shares of SPDR S&P MidCap 400 ETF (NYSE:MDY) by 38.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,923 shares of the exchange traded fund’s stock after selling 1,219 shares during the period. SPDR S&P MidCap 400 ETF comprises approximately 1.1% of Thompson Davis & CO. Inc.’s portfolio, making the stock its 10th biggest holding. Thompson Davis & CO. Inc.’s holdings in SPDR S&P MidCap 400 ETF were worth $628,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Barnett & Company Inc. bought a new position in shares of SPDR S&P MidCap 400 ETF in the second quarter worth approximately $103,000. Heritage Trust Co bought a new position in shares of SPDR S&P MidCap 400 ETF in the second quarter worth approximately $106,000. Monetary Management Group Inc. grew its holdings in shares of 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 purchasing an additional 20 shares during the last quarter. Jackson Grant Investment Advisers Inc. grew its holdings in shares of 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 purchasing an additional 1 shares during the last quarter. Finally, Sei Investments Co. grew its holdings in shares of 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 purchasing an additional 58 shares during the last quarter.

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The business also recently announced a quarterly dividend, which was paid on Tuesday, October 31st. Stockholders of record on Monday, September 18th were given a dividend of $1.4451 per share. The ex-dividend date was Friday, September 15th. This represents a $5.78 annualized dividend and a dividend yield of 1.73%. This is an increase from SPDR S&P MidCap 400 ETF’s previous quarterly dividend of $0.52.

SPDR S&P MidCap 400 ETF 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.

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

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