D. Scott Neal Inc. boosted its holdings in SPDR S&P MidCap 400 ETF (NYSE:MDY) by 112.8% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 73,899 shares of the exchange traded fund’s stock after buying an additional 39,177 shares during the period. SPDR S&P MidCap 400 ETF makes up about 14.5% of D. Scott Neal Inc.’s investment portfolio, making the stock its largest position. D. Scott Neal Inc.’s holdings in SPDR S&P MidCap 400 ETF were worth $24,116,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Barnett & Company Inc. purchased a new position in SPDR S&P MidCap 400 ETF in the second quarter valued at approximately $103,000. Heritage Trust Co purchased a new position in SPDR S&P MidCap 400 ETF in the second quarter valued at approximately $106,000. Monetary Management Group Inc. raised its holdings in 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 valued at $119,000 after buying an additional 20 shares during the period. Jackson Grant Investment Advisers Inc. raised its holdings in 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 valued at $123,000 after buying an additional 1 shares during the period. Finally, Sei Investments Co. raised its holdings in 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 valued at $148,000 after buying an additional 58 shares during the period.

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SPDR S&P MidCap 400 ETF (MDY) traded up 0.60% on Friday, reaching $333.57. 1,385,202 shares of the company traded hands. The firm has a 50 day moving average price of $324.24 and a 200 day moving average price of $317.90. SPDR S&P MidCap 400 ETF has a 52-week low of $268.25 and a 52-week high of $333.64.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 31st. Investors of record on Monday, September 18th will be paid a $1.4451 dividend. This is a boost from SPDR S&P MidCap 400 ETF’s previous quarterly dividend of $0.52. The ex-dividend date of this dividend is Friday, September 15th. This represents a $5.78 annualized dividend and a dividend yield of 1.73%.

SPDR S&P MidCap 400 ETF 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 (NYSE:MDY)

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