SPDR S&P MidCap 400 ETF (MDY) Shares Bought by 1ST Source Bank

1ST Source Bank boosted its position in SPDR S&P MidCap 400 ETF (NYSE:MDY) by 2.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 59,121 shares of the exchange traded fund’s stock after acquiring an additional 1,475 shares during the period. SPDR S&P MidCap 400 ETF accounts for 1.6% of 1ST Source Bank’s investment portfolio, making the stock its 8th biggest position. 1ST Source Bank’s holdings in SPDR S&P MidCap 400 ETF were worth $19,293,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Jackson Grant Investment Advisers Inc. grew its holdings 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 worth $123,000 after acquiring an additional 1 shares during the last quarter. Shaker Investments LLC OH grew its holdings in SPDR S&P MidCap 400 ETF by 0.3% in the 2nd quarter. Shaker Investments LLC OH now owns 1,392 shares of the exchange traded fund’s stock worth $442,000 after acquiring an additional 4 shares during the last quarter. Tocqueville Asset Management L.P. grew its holdings in SPDR S&P MidCap 400 ETF by 0.3% in the 2nd quarter. Tocqueville Asset Management L.P. now owns 3,179 shares of the exchange traded fund’s stock worth $1,010,000 after acquiring an additional 10 shares during the last quarter. Monetary Management Group Inc. grew its holdings 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 worth $119,000 after acquiring an additional 20 shares during the last quarter. Finally, Cutter & CO Brokerage Inc. grew its holdings in SPDR S&P MidCap 400 ETF by 2.6% in the 2nd quarter. Cutter & CO Brokerage Inc. now owns 1,106 shares of the exchange traded fund’s stock worth $352,000 after acquiring an additional 28 shares during the last quarter.

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Shares of SPDR S&P MidCap 400 ETF (NYSE:MDY) traded up 0.48% during midday trading on Tuesday, hitting $333.44. 324,863 shares of the stock were exchanged. The firm has a 50 day moving average of $327.02 and a 200-day moving average of $319.01. SPDR S&P MidCap 400 ETF has a 12 month low of $268.25 and a 12 month high of $334.37.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 31st. Stockholders of record on Monday, September 18th will be paid a $1.4451 dividend. The ex-dividend date of this dividend is Friday, September 15th. This represents a $5.78 annualized dividend and a dividend yield of 1.74%. This is an increase from SPDR S&P MidCap 400 ETF’s previous quarterly dividend of $0.52.

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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