Legacy Advisors LLC Purchases 831 Shares of SPDR S&P MidCap 400 ETF Trust (MDY)

Legacy Advisors LLC boosted its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 1.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 49,320 shares of the exchange traded fund’s stock after purchasing an additional 831 shares during the period. SPDR S&P MidCap 400 ETF Trust makes up 8.9% of Legacy Advisors LLC’s portfolio, making the stock its biggest position. Legacy Advisors LLC owned 0.09% of SPDR S&P MidCap 400 ETF Trust worth $18,123,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MDY. TRUE Private Wealth Advisors acquired a new position in SPDR S&P MidCap 400 ETF Trust during the 3rd quarter worth $110,000. NEXT Financial Group Inc acquired a new position in SPDR S&P MidCap 400 ETF Trust during the 3rd quarter worth $115,000. Sound Income Strategies LLC grew its holdings in SPDR S&P MidCap 400 ETF Trust by 1,421.7% during the 3rd quarter. Sound Income Strategies LLC now owns 350 shares of the exchange traded fund’s stock worth $129,000 after acquiring an additional 327 shares in the last quarter. Omnia Family Wealth LLC grew its holdings in SPDR S&P MidCap 400 ETF Trust by 216.0% during the 2nd quarter. Omnia Family Wealth LLC now owns 395 shares of the exchange traded fund’s stock worth $141,000 after acquiring an additional 270 shares in the last quarter. Finally, BerganKDV Wealth Management LLC acquired a new position in SPDR S&P MidCap 400 ETF Trust during the 2nd quarter worth $158,000.

MDY stock traded down $5.01 during mid-day trading on Thursday, hitting $342.97. 1,607,909 shares of the company were exchanged, compared to its average volume of 1,050,304. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $321.61 and a twelve month high of $374.10.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 31st. Shareholders of record on Monday, September 24th will be issued 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 annualized dividend and a yield of 1.23%. The ex-dividend date is Friday, September 21st.

SPDR S&P MidCap 400 ETF Trust 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 Trust (NYSEARCA:MDY)

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