SPDR S&P MidCap 400 ETF (MDY) Shares Sold by Financial Partners Capital Management LLC

Financial Partners Capital Management LLC reduced its holdings in SPDR S&P MidCap 400 ETF (NYSEARCA:MDY) by 23.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,764 shares of the exchange traded fund’s stock after selling 2,670 shares during the period. Financial Partners Capital Management LLC’s holdings in SPDR S&P MidCap 400 ETF were worth $2,995,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Brinker Capital Inc. grew its holdings in SPDR S&P MidCap 400 ETF by 1.7% in the first quarter. Brinker Capital Inc. now owns 9,093 shares of the exchange traded fund’s stock valued at $3,108,000 after purchasing an additional 148 shares during the period. Security National Trust Co. grew its holdings in SPDR S&P MidCap 400 ETF by 13.4% in the first quarter. Security National Trust Co. now owns 1,270 shares of the exchange traded fund’s stock valued at $434,000 after purchasing an additional 150 shares during the period. Commerce Bank grew its holdings in SPDR S&P MidCap 400 ETF by 0.8% in the fourth quarter. Commerce Bank now owns 20,722 shares of the exchange traded fund’s stock valued at $7,157,000 after purchasing an additional 160 shares during the period. Eldridge Investment Advisors Inc. grew its holdings in SPDR S&P MidCap 400 ETF by 2.1% in the first quarter. Eldridge Investment Advisors Inc. now owns 7,807 shares of the exchange traded fund’s stock valued at $2,667,000 after purchasing an additional 162 shares during the period. Finally, HBK Sorce Advisory LLC grew its holdings in SPDR S&P MidCap 400 ETF by 6.8% in the fourth quarter. HBK Sorce Advisory LLC now owns 2,644 shares of the exchange traded fund’s stock valued at $913,000 after purchasing an additional 168 shares during the period.

Shares of MDY opened at $362.66 on Tuesday. SPDR S&P MidCap 400 ETF has a 12 month low of $307.28 and a 12 month high of $366.10.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 31st. Shareholders of record on Monday, June 18th will be issued a $1.0098 dividend. This is a positive change from SPDR S&P MidCap 400 ETF’s previous quarterly dividend of $0.86. This represents a $4.04 annualized dividend and a yield of 1.11%. The ex-dividend date is Friday, June 15th.

SPDR S&P MidCap 400 ETF 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.

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

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