First Citizens Bank & Trust Co. cut its stake in shares of SPDR S&P MidCap 400 ETF (NYSE:MDY) by 10.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 14,501 shares of the exchange traded fund’s stock after selling 1,720 shares during the period. First Citizens Bank & Trust Co.’s holdings in SPDR S&P MidCap 400 ETF were worth $4,606,000 at the end of the most recent quarter.
Separately, Osborne Partners Capital Management LLC increased its position in shares of SPDR S&P MidCap 400 ETF by 82.2% in the second quarter. Osborne Partners Capital Management LLC now owns 1,416 shares of the exchange traded fund’s stock valued at $450,000 after buying an additional 639 shares during the last quarter.
SPDR S&P MidCap 400 ETF (MDY) opened at 311.72 on Friday. SPDR S&P MidCap 400 ETF has a 52 week low of $268.25 and a 52 week high of $326.88. The company has a 50-day moving average of $319.39 and a 200 day moving average of $314.82.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 31st. Investors of record on Tuesday, June 20th were paid a $0.5241 dividend. This represents a $2.10 annualized dividend and a yield of 0.67%. The ex-dividend date was Friday, June 16th.
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About SPDR S&P MidCap 400 ETF
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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