Destination Wealth Management Buys New Holdings in SPDR S&P MidCap 400 ETF Trust (MDY)

Destination Wealth Management bought a new stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 312 shares of the exchange traded fund’s stock, valued at approximately $108,000.

Several other large investors have also recently modified their holdings of MDY. Ellis Investment Partners LLC boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 34,034.7% in the first quarter. Ellis Investment Partners LLC now owns 1,145,218 shares of the exchange traded fund’s stock valued at $1,145,000 after acquiring an additional 1,141,863 shares in the last quarter. Eqis Capital Management Inc. boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 48,775.4% in the fourth quarter. Eqis Capital Management Inc. now owns 465,783 shares of the exchange traded fund’s stock valued at $140,978,000 after acquiring an additional 464,830 shares in the last quarter. Duality Advisers LP purchased a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the fourth quarter valued at about $55,619,000. Kayne Anderson Rudnick Investment Management LLC boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 1,374.5% in the fourth quarter. Kayne Anderson Rudnick Investment Management LLC now owns 193,126 shares of the exchange traded fund’s stock valued at $58,428,000 after acquiring an additional 180,028 shares in the last quarter. Finally, SG Americas Securities LLC boosted its holdings in shares of SPDR S&P MidCap 400 ETF Trust by 281.8% in the first quarter. SG Americas Securities LLC now owns 148,765 shares of the exchange traded fund’s stock valued at $51,383,000 after acquiring an additional 109,797 shares in the last quarter.

MDY stock opened at $355.83 on Friday. 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 Tuesday, April 30th. Investors of record on Monday, March 18th were issued a dividend of $0.8844 per share. This represents a $3.54 dividend on an annualized basis and a yield of 0.99%. The ex-dividend date of this dividend was Friday, March 15th.

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SPDR S&P MidCap 400 ETF Trust 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 are Outstanding Shares Different from Authorized Shares?

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

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