SPDR S&P MidCap 400 ETF Trust (MDY) is Berkshire Money Management Inc.’s 6th Largest Position

Berkshire Money Management Inc. lifted its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 2.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 102,491 shares of the exchange traded fund’s stock after purchasing an additional 2,802 shares during the period. SPDR S&P MidCap 400 ETF Trust accounts for about 8.3% of Berkshire Money Management Inc.’s investment portfolio, making the stock its 6th biggest holding. Berkshire Money Management Inc. owned about 0.18% of SPDR S&P MidCap 400 ETF Trust worth $37,662,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of MDY. Morgan Stanley lifted its position in SPDR S&P MidCap 400 ETF Trust by 19.2% during the 2nd quarter. Morgan Stanley now owns 1,416,552 shares of the exchange traded fund’s stock valued at $502,903,000 after acquiring an additional 227,920 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in SPDR S&P MidCap 400 ETF Trust during the 2nd quarter valued at about $602,000. Chicago Partners Investment Group LLC lifted its position in SPDR S&P MidCap 400 ETF Trust by 1.0% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 43,325 shares of the exchange traded fund’s stock valued at $15,381,000 after acquiring an additional 410 shares during the period. Brand Asset Management Group Inc. purchased a new position in SPDR S&P MidCap 400 ETF Trust during the 2nd quarter valued at about $374,000. Finally, Cabana LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust during the 2nd quarter valued at about $4,411,000.

NYSEARCA:MDY traded down $0.96 on Wednesday, reaching $348.11. 229,827 shares of the stock traded hands, compared to its average volume of 1,044,850. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $321.61 and a 12 month high of $374.10.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 31st. Shareholders of record on Monday, September 24th will be paid a dividend of $1.056 per share. This is a positive change from SPDR S&P MidCap 400 ETF Trust’s previous quarterly dividend of $1.01. This represents a $4.22 dividend on an annualized basis and a yield of 1.21%. The ex-dividend date is Friday, September 21st.

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.

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

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