Buckingham Asset Management LLC grew its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 10.6% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 2,437 shares of the exchange traded fund’s stock after buying an additional 233 shares during the period. Buckingham Asset Management LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $641,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Valeo Financial Advisors LLC grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 7.7% during the fourth quarter. Valeo Financial Advisors LLC now owns 379 shares of the exchange traded fund’s stock worth $142,000 after purchasing an additional 27 shares during the period. Oxford Financial Group Ltd. grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 0.9% during the fourth quarter. Oxford Financial Group Ltd. now owns 3,006 shares of the exchange traded fund’s stock worth $1,128,000 after purchasing an additional 27 shares during the period. Moors & Cabot Inc. grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 1.7% during the fourth quarter. Moors & Cabot Inc. now owns 1,674 shares of the exchange traded fund’s stock worth $631,000 after purchasing an additional 28 shares during the period. Wilbanks Smith & Thomas Asset Management LLC grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 4.0% during the fourth quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 829 shares of the exchange traded fund’s stock worth $311,000 after purchasing an additional 32 shares during the period. Finally, Weaver Consulting Group grew its stake in shares of SPDR S&P MidCap 400 ETF Trust by 42.9% during the fourth quarter. Weaver Consulting Group now owns 110 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 33 shares during the period.

NYSEARCA:MDY opened at $288.02 on Friday. SPDR S&P MidCap 400 ETF Trust has a 1 year low of $214.22 and a 1 year high of $384.47. The stock has a 50-day moving average price of $279.35 and a two-hundred day moving average price of $337.54.

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Monday, March 23rd were paid a $1.1098 dividend. This represents a $4.44 dividend on an annualized basis and a yield of 1.54%. This is a boost from SPDR S&P MidCap 400 ETF Trust’s previous quarterly dividend of $0.88. The ex-dividend date was Friday, March 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.

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

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