SPDR S&P MidCap 400 ETF (MDY) Stake Lifted by FineMark National Bank & Trust

FineMark National Bank & Trust grew its position in shares of SPDR S&P MidCap 400 ETF (NYSE:MDY) by 12.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 150,041 shares of the exchange traded fund’s stock after buying an additional 16,826 shares during the period. SPDR S&P MidCap 400 ETF accounts for 3.3% of FineMark National Bank & Trust’s investment portfolio, making the stock its 3rd largest position. FineMark National Bank & Trust’s holdings in SPDR S&P MidCap 400 ETF were worth $48,963,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. MCF Advisors LLC lifted its position in shares of SPDR S&P MidCap 400 ETF by 0.5% during the 3rd quarter. MCF Advisors LLC now owns 86,331 shares of the exchange traded fund’s stock valued at $28,172,000 after buying an additional 444 shares during the last quarter. Community Bank N.A. lifted its position in shares of SPDR S&P MidCap 400 ETF by 1.1% during the 3rd quarter. Community Bank N.A. now owns 21,854 shares of the exchange traded fund’s stock valued at $7,131,000 after buying an additional 233 shares during the last quarter. Cadence Bank NA purchased a new position in shares of SPDR S&P MidCap 400 ETF during the 3rd quarter valued at $646,000. 1ST Source Bank lifted its position in shares of SPDR S&P MidCap 400 ETF by 2.6% during the 3rd quarter. 1ST Source Bank now owns 59,121 shares of the exchange traded fund’s stock valued at $19,293,000 after buying an additional 1,475 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. lifted its position in shares of SPDR S&P MidCap 400 ETF by 1.9% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 134,243 shares of the exchange traded fund’s stock valued at $43,814,000 after buying an additional 2,455 shares during the last quarter.

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The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 31st. Investors of record on Monday, September 18th were issued a $1.4451 dividend. The ex-dividend date of this dividend was Friday, September 15th. This represents a $5.78 annualized dividend and a dividend yield of 1.73%. This is a positive change from SPDR S&P MidCap 400 ETF’s previous quarterly dividend of $0.52.

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

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