Baltimore Washington Financial Advisors Inc. Cuts Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Baltimore Washington Financial Advisors Inc. cut its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 12,868 shares of the exchange traded fund’s stock after selling 106 shares during the period. Baltimore Washington Financial Advisors Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $4,535,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in MDY. Advisory Services Network LLC boosted its position in SPDR S&P MidCap 400 ETF Trust by 46.7% during the first quarter. Advisory Services Network LLC now owns 2,459 shares of the exchange traded fund’s stock valued at $849,000 after buying an additional 783 shares during the period. Laurel Wealth Advisors Inc. purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the first quarter valued at about $211,000. FMR LLC boosted its position in SPDR S&P MidCap 400 ETF Trust by 3.7% during the first quarter. FMR LLC now owns 12,508 shares of the exchange traded fund’s stock valued at $4,321,000 after buying an additional 445 shares during the period. Weaver Consulting Group purchased a new stake in SPDR S&P MidCap 400 ETF Trust during the first quarter valued at about $27,000. Finally, ELM Advisors LLC boosted its position in SPDR S&P MidCap 400 ETF Trust by 0.9% during the second quarter. ELM Advisors LLC now owns 19,176 shares of the exchange traded fund’s stock valued at $6,800,000 after buying an additional 175 shares during the period.

NYSEARCA MDY traded up $1.88 during trading on Thursday, hitting $351.89. 57,916 shares of the company’s stock traded hands, compared to its average volume of 1,079,354. The stock has a fifty day moving average of $348.77 and a two-hundred day moving average of $349.56. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $284.45 and a 12-month high of $362.89.

The company also recently disclosed a — dividend, which will be paid on Thursday, October 31st. Stockholders of record on Monday, September 23rd will be paid a dividend of $1.3726 per share. This represents a dividend yield of 1.3%. The ex-dividend date is Friday, September 20th.

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.

Featured Article: Why Invest in Dividend Achievers?

Want to see what other hedge funds are holding MDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY).

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

Receive News & Ratings for SPDR S&P MidCap 400 ETF Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P MidCap 400 ETF Trust and related companies with MarketBeat.com's FREE daily email newsletter.