Waldron Private Wealth LLC Sells 975 Shares of SPDR S&P MidCap 400 ETF Trust $MDY

Waldron Private Wealth LLC decreased its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 2.9% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 32,643 shares of the exchange traded fund’s stock after selling 975 shares during the period. SPDR S&P MidCap 400 ETF Trust makes up approximately 0.8% of Waldron Private Wealth LLC’s holdings, making the stock its 26th biggest position. Waldron Private Wealth LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $19,691,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the company. Brighton Jones LLC boosted its position in shares of SPDR S&P MidCap 400 ETF Trust by 12.6% during the 4th quarter. Brighton Jones LLC now owns 2,040 shares of the exchange traded fund’s stock valued at $1,162,000 after purchasing an additional 228 shares in the last quarter. AQR Capital Management LLC lifted its stake in SPDR S&P MidCap 400 ETF Trust by 27.9% in the first quarter. AQR Capital Management LLC now owns 6,417 shares of the exchange traded fund’s stock valued at $3,423,000 after buying an additional 1,401 shares during the period. Integrated Wealth Concepts LLC boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 4.3% during the 1st quarter. Integrated Wealth Concepts LLC now owns 1,023 shares of the exchange traded fund’s stock worth $546,000 after buying an additional 42 shares in the last quarter. Franklin Resources Inc. grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 12.9% during the 2nd quarter. Franklin Resources Inc. now owns 19,295 shares of the exchange traded fund’s stock worth $10,930,000 after buying an additional 2,207 shares during the period. Finally, Elevation Point Wealth Partners LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 2nd quarter valued at $175,000.

SPDR S&P MidCap 400 ETF Trust Stock Down 1.6%

Shares of NYSEARCA MDY opened at $603.80 on Friday. The firm has a market cap of $23.44 billion, a PE ratio of 18.98 and a beta of 1.06. The company’s fifty day simple moving average is $636.17 and its 200 day simple moving average is $614.14. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $458.82 and a 12-month high of $662.65.

SPDR S&P MidCap 400 ETF Trust Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Friday, March 20th will be paid a $1.5163 dividend. The ex-dividend date is Friday, March 20th. This represents a $6.07 annualized dividend and a dividend yield of 1.0%.

SPDR S&P MidCap 400 ETF Trust 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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.