Oppenheimer & Co. Inc. increased its stake in SPDR S&P MidCap 400 ETF (NYSEARCA:MDY) by 0.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 44,803 shares of the exchange traded fund’s stock after buying an additional 213 shares during the quarter. Oppenheimer & Co. Inc. owned approximately 0.08% of SPDR S&P MidCap 400 ETF worth $14,621,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Horan Capital Advisors LLC. acquired a new stake in shares of SPDR S&P MidCap 400 ETF in the 3rd quarter valued at approximately $102,000. Barnett & Company Inc. bought a new stake in SPDR S&P MidCap 400 ETF in the 2nd quarter valued at $103,000. Heritage Trust Co bought a new stake in SPDR S&P MidCap 400 ETF in the 2nd quarter valued at $106,000. Monetary Management Group Inc. raised its stake in SPDR S&P MidCap 400 ETF by 5.6% in the 2nd quarter. Monetary Management Group Inc. now owns 375 shares of the exchange traded fund’s stock valued at $119,000 after acquiring an additional 20 shares during the period. Finally, Jackson Grant Investment Advisers Inc. raised its stake in SPDR S&P MidCap 400 ETF by 0.3% in the 2nd quarter. Jackson Grant Investment Advisers Inc. now owns 388 shares of the exchange traded fund’s stock valued at $123,000 after acquiring an additional 1 shares during the period.

SPDR S&P MidCap 400 ETF (NYSEARCA MDY) traded down $0.22 on Thursday, reaching $338.19. The company had a trading volume of 942,200 shares, compared to its average volume of 1,137,979. SPDR S&P MidCap 400 ETF has a twelve month low of $294.86 and a twelve month high of $339.36.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 31st. Investors of record on Monday, September 18th were paid a $1.4451 dividend. This represents a $5.78 dividend on an annualized basis and a yield of 1.71%. The ex-dividend date was Friday, September 15th. This is a boost from SPDR S&P MidCap 400 ETF’s previous quarterly dividend of $0.52.

WARNING: This piece was first reported by Watch List News and is owned by of Watch List News. If you are reading this piece on another domain, it was illegally copied and reposted in violation of United States and international copyright and trademark legislation. The correct version of this piece can be accessed at https://www.watchlistnews.com/spdr-sp-midcap-400-etf-mdy-stake-raised-by-oppenheimer-co-inc/1722147.html.

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 (NYSEARCA:MDY)

Receive News & Ratings for SPDR S&P MidCap 400 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P MidCap 400 ETF and related companies with Analyst Ratings Network's FREE daily email newsletter.