New England Asset Management Inc. Buys 51 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

New England Asset Management Inc. lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.2% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 20,970 shares of the exchange traded fund’s stock after acquiring an additional 51 shares during the quarter. SPDR S&P MidCap 400 ETF Trust comprises approximately 0.1% of New England Asset Management Inc.’s holdings, making the stock its 17th largest position. New England Asset Management Inc.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $7,436,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MDY. BNP Paribas Arbitrage SA boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 132.0% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 443,869 shares of the exchange traded fund’s stock worth $157,392,000 after acquiring an additional 252,518 shares in the last quarter. HighTower Advisors LLC boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 191.7% during the 2nd quarter. HighTower Advisors LLC now owns 158,331 shares of the exchange traded fund’s stock worth $56,152,000 after acquiring an additional 104,057 shares in the last quarter. Northern Trust Corp boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 5.6% during the 1st quarter. Northern Trust Corp now owns 1,327,400 shares of the exchange traded fund’s stock worth $458,483,000 after acquiring an additional 70,316 shares in the last quarter. Virtue Capital Management LLC bought a new stake in shares of SPDR S&P MidCap 400 ETF Trust during the 1st quarter worth about $15,346,000. Finally, US Bancorp DE boosted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 3.0% during the 2nd quarter. US Bancorp DE now owns 1,366,627 shares of the exchange traded fund’s stock worth $484,592,000 after acquiring an additional 40,269 shares in the last quarter.

NYSEARCA:MDY traded down $2.58 during mid-day trading on Friday, hitting $353.53. 1,564,479 shares of the company’s stock traded hands, compared to its average volume of 1,074,274. The firm has a 50 day moving average of $346.02 and a two-hundred day moving average of $348.89. SPDR S&P MidCap 400 ETF Trust has a 12 month low of $284.45 and a 12 month high of $373.40.

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

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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