SPDR S&P MidCap 400 ETF (NYSEARCA:MDY) is Segment Wealth Management LLC’s 6th Largest Position

Segment Wealth Management LLC raised its stake in SPDR S&P MidCap 400 ETF (NYSEARCA:MDY) by 2.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 28,206 shares of the exchange traded fund’s stock after buying an additional 701 shares during the quarter. SPDR S&P MidCap 400 ETF accounts for about 2.4% of Segment Wealth Management LLC’s portfolio, making the stock its 6th largest position. Segment Wealth Management LLC’s holdings in SPDR S&P MidCap 400 ETF were worth $9,743,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Cornerstone Capital Management Holdings LLC. increased its holdings in shares of SPDR S&P MidCap 400 ETF by 35.7% in the third quarter. Cornerstone Capital Management Holdings LLC. now owns 66,049 shares of the exchange traded fund’s stock worth $21,553,000 after acquiring an additional 17,379 shares in the last quarter. Regents of The University of California bought a new position in SPDR S&P MidCap 400 ETF in the third quarter valued at approximately $1,827,000. Investment Centers of America Inc. grew its stake in SPDR S&P MidCap 400 ETF by 18.8% in the third quarter. Investment Centers of America Inc. now owns 6,321 shares of the exchange traded fund’s stock valued at $2,065,000 after purchasing an additional 1,002 shares in the last quarter. Tower Research Capital LLC TRC grew its stake in SPDR S&P MidCap 400 ETF by 42.6% in the second quarter. Tower Research Capital LLC TRC now owns 38,863 shares of the exchange traded fund’s stock valued at $12,343,000 after purchasing an additional 11,605 shares in the last quarter. Finally, Ameritas Investment Partners Inc. grew its stake in SPDR S&P MidCap 400 ETF by 14.6% in the second quarter. Ameritas Investment Partners Inc. now owns 29,845 shares of the exchange traded fund’s stock valued at $9,479,000 after purchasing an additional 3,800 shares in the last quarter.

SPDR S&P MidCap 400 ETF (NYSEARCA MDY) traded up $6.14 on Wednesday, hitting $341.38. The stock had a trading volume of 205,598 shares. SPDR S&P MidCap 400 ETF has a 52 week low of $303.85 and a 52 week high of $363.70.

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 31st. Investors of record on Monday, December 18th were issued a dividend of $1.2987 per share. The ex-dividend date of this dividend was Friday, December 15th. This represents a $5.19 annualized dividend and a yield of 1.52%.

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SPDR S&P MidCap 400 ETF 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.

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

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