SPDR S&P MidCap 400 ETF Trust (MDY) is Meridian Wealth Advisors LLC’s 10th Largest Position

Meridian Wealth Advisors LLC lessened its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 22.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,269 shares of the exchange traded fund’s stock after selling 2,070 shares during the quarter. SPDR S&P MidCap 400 ETF Trust comprises approximately 1.8% of Meridian Wealth Advisors LLC’s investment portfolio, making the stock its 10th biggest holding. Meridian Wealth Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $2,511,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. BKD Wealth Advisors LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the 4th quarter valued at about $233,000. Aperimus Capital LLC boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 2.9% in the 4th quarter. Aperimus Capital LLC now owns 182,958 shares of the exchange traded fund’s stock valued at $55,376,000 after purchasing an additional 5,200 shares during the last quarter. Central Bank & Trust Co. boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 13.1% in the 4th quarter. Central Bank & Trust Co. now owns 20,566 shares of the exchange traded fund’s stock valued at $6,225,000 after purchasing an additional 2,381 shares during the last quarter. Howard Capital Management boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 4.8% in the 4th quarter. Howard Capital Management now owns 865 shares of the exchange traded fund’s stock valued at $262,000 after purchasing an additional 40 shares during the last quarter. Finally, Appleton Partners Inc. MA boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 13.1% in the 4th quarter. Appleton Partners Inc. MA now owns 1,726 shares of the exchange traded fund’s stock valued at $522,000 after purchasing an additional 200 shares during the last quarter.

Shares of NYSEARCA MDY traded down $2.93 during mid-day trading on Friday, hitting $345.75. The company’s stock had a trading volume of 29,532 shares, compared to its average volume of 1,121,623. SPDR S&P MidCap 400 ETF Trust has a one year low of $284.45 and a one year high of $374.10.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Monday, March 18th were paid a $0.8844 dividend. This represents a $3.54 annualized dividend and a dividend yield of 1.02%. The ex-dividend date of this dividend was Friday, March 15th.

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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.

Further Reading: Asset Allocation and Your Retirement

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

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