SPDR S&P MidCap 400 ETF Trust $MDY Shares Acquired by Tiller Private Wealth Inc.

Tiller Private Wealth Inc. boosted its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 13.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 32,648 shares of the exchange traded fund’s stock after purchasing an additional 3,813 shares during the quarter. SPDR S&P MidCap 400 ETF Trust comprises about 7.0% of Tiller Private Wealth Inc.’s investment portfolio, making the stock its 5th largest holding. Tiller Private Wealth Inc. owned about 0.08% of SPDR S&P MidCap 400 ETF Trust worth $19,696,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Atria Investments Inc grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 143.7% during the 3rd quarter. Atria Investments Inc now owns 6,064 shares of the exchange traded fund’s stock worth $3,614,000 after buying an additional 3,576 shares during the period. NewEdge Wealth LLC raised its position in shares of SPDR S&P MidCap 400 ETF Trust by 190.8% in the 3rd quarter. NewEdge Wealth LLC now owns 2,012 shares of the exchange traded fund’s stock valued at $1,190,000 after acquiring an additional 1,320 shares during the period. First Horizon Corp acquired a new stake in shares of SPDR S&P MidCap 400 ETF Trust in the 3rd quarter valued at approximately $6,724,000. HB Wealth Management LLC boosted its stake in SPDR S&P MidCap 400 ETF Trust by 32.7% during the 3rd quarter. HB Wealth Management LLC now owns 5,135 shares of the exchange traded fund’s stock worth $3,061,000 after acquiring an additional 1,266 shares during the last quarter. Finally, J.Safra Asset Management Corp bought a new position in SPDR S&P MidCap 400 ETF Trust during the 3rd quarter worth approximately $550,000.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of NYSEARCA MDY opened at $603.80 on Friday. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $458.82 and a 52-week high of $662.65. The stock has a market cap of $23.44 billion, a P/E ratio of 18.98 and a beta of 1.06. The firm has a 50 day moving average price of $636.17 and a 200 day moving average price of $614.14.

SPDR S&P MidCap 400 ETF Trust Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Friday, March 20th will be given a dividend of $1.5163 per share. This represents a $6.07 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is 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. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.