Rehmann Capital Advisory Group increased its stake in shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 200.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,980 shares of the company’s stock after buying an additional 1,320 shares during the quarter. Rehmann Capital Advisory Group’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $107,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in MDYG. Northwestern Mutual Wealth Management Co. grew its stake in SPDR S&P 400 Mid CapGrowth ETF by 553.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,058 shares of the company’s stock valued at $111,000 after purchasing an additional 1,743 shares during the period. Steward Partners Investment Advisory LLC grew its stake in SPDR S&P 400 Mid CapGrowth ETF by 1,781.7% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 2,164 shares of the company’s stock valued at $117,000 after purchasing an additional 2,049 shares during the period. Arcadia Investment Management Corp MI grew its stake in SPDR S&P 400 Mid CapGrowth ETF by 200.0% in the 2nd quarter. Arcadia Investment Management Corp MI now owns 2,703 shares of the company’s stock valued at $146,000 after purchasing an additional 1,802 shares during the period. FTB Advisors Inc. grew its stake in SPDR S&P 400 Mid CapGrowth ETF by 200.0% in the 2nd quarter. FTB Advisors Inc. now owns 2,862 shares of the company’s stock valued at $155,000 after purchasing an additional 1,908 shares during the period. Finally, PNC Financial Services Group Inc. grew its stake in SPDR S&P 400 Mid CapGrowth ETF by 93.0% in the 2nd quarter. PNC Financial Services Group Inc. now owns 2,886 shares of the company’s stock valued at $156,000 after purchasing an additional 1,391 shares during the period.

Shares of NYSEARCA:MDYG opened at $56.21 on Tuesday. SPDR S&P 400 Mid CapGrowth ETF has a 1 year low of $48.29 and a 1 year high of $57.22.

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 27th. Stockholders of record on Tuesday, September 25th will be given a dividend of $0.1875 per share. This represents a $0.75 dividend on an annualized basis and a dividend yield of 1.33%. The ex-dividend date is Monday, September 24th. This is a boost from SPDR S&P 400 Mid CapGrowth ETF’s previous quarterly dividend of $0.15.

SPDR S&P 400 Mid CapGrowth ETF Company Profile

SPDR S&P 400 Mid Cap Growth ETF, before expenses, seeks to closely match the returns and characteristics of the S&P Mid Cap 400 Growth Index. The S&P MidCap 400 Growth Index measures the performance of the mid-capitalization growth sector in the United States equity market. The Index consists of those stocks in the S&P MidCap 400 Index exhibiting the strongest growth characteristics based on: sales growth; earnings change to price, and momentum.

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Institutional Ownership by Quarter for SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

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