Sheaff Brock Investment Advisors LLC Sells 154 Shares of SPDR S&P MidCap 400 ETF Trust (MDY)

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Sheaff Brock Investment Advisors LLC lessened its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 11.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,208 shares of the exchange traded fund’s stock after selling 154 shares during the quarter. Sheaff Brock Investment Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $366,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of MDY. Howard Capital Management raised its stake in SPDR S&P MidCap 400 ETF Trust by 4.8% during the 4th quarter. Howard Capital Management now owns 865 shares of the exchange traded fund’s stock valued at $262,000 after purchasing an additional 40 shares during the last quarter. Duncker Streett & Co. Inc. raised its stake in SPDR S&P MidCap 400 ETF Trust by 2.0% during the 4th quarter. Duncker Streett & Co. Inc. now owns 2,192 shares of the exchange traded fund’s stock valued at $663,000 after purchasing an additional 42 shares during the last quarter. Palisade Asset Management LLC raised its stake in SPDR S&P MidCap 400 ETF Trust by 0.4% during the 4th quarter. Palisade Asset Management LLC now owns 20,031 shares of the exchange traded fund’s stock valued at $6,063,000 after purchasing an additional 72 shares during the last quarter. Dowling & Yahnke LLC raised its stake in SPDR S&P MidCap 400 ETF Trust by 2.2% during the 4th quarter. Dowling & Yahnke LLC now owns 3,435 shares of the exchange traded fund’s stock valued at $1,177,000 after purchasing an additional 75 shares during the last quarter. Finally, ELM Advisors LLC raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 0.6% in the 4th quarter. ELM Advisors LLC now owns 18,651 shares of the exchange traded fund’s stock valued at $5,645,000 after buying an additional 110 shares in the last quarter.

Shares of MDY stock opened at $344.83 on Thursday. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $284.45 and a 52-week high of $374.10.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 31st. Shareholders of record on Monday, December 24th were issued a dividend of $1.2678 per share. The ex-dividend date of this dividend was Friday, December 21st. This represents a $5.07 dividend on an annualized basis and a yield of 1.47%. This is a positive change from SPDR S&P MidCap 400 ETF Trust’s previous quarterly dividend of $1.06.

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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.

See Also: How is an ETF different from a mutual fund?

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

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