Confluence Wealth Management LLC continued to hold its stake in shares of SPDR S&P MidCap 400 ETF (NYSE:MDY) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 58,696 shares of the exchange traded fund’s stock at the end of the 2nd quarter. SPDR S&P MidCap 400 ETF comprises approximately 9.0% of Confluence Wealth Management LLC’s holdings, making the stock its largest position. Confluence Wealth Management LLC’s holdings in SPDR S&P MidCap 400 ETF were worth $18,338,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in MDY. Victory Capital Management Inc. boosted its stake in shares of SPDR S&P MidCap 400 ETF by 127.2% during the 2nd quarter. Victory Capital Management Inc. now owns 362,522 shares of the exchange traded fund’s stock worth $115,144,000 after acquiring an additional 202,951 shares in the last quarter. Sage Advisory Services Ltd.Co. boosted its stake in shares of SPDR S&P MidCap 400 ETF by 112.2% during the 2nd quarter. Sage Advisory Services Ltd.Co. now owns 191,068 shares of the exchange traded fund’s stock worth $60,695,000 after acquiring an additional 101,035 shares in the last quarter. BDO Wealth Advisors LLC purchased a new stake in shares of SPDR S&P MidCap 400 ETF during the 2nd quarter worth approximately $19,602,000. TIAA FSB purchased a new stake in shares of SPDR S&P MidCap 400 ETF during the 2nd quarter worth approximately $10,710,000. Finally, FineMark National Bank & Trust boosted its stake in shares of SPDR S&P MidCap 400 ETF by 24.0% during the 2nd quarter. FineMark National Bank & Trust now owns 133,215 shares of the exchange traded fund’s stock worth $42,312,000 after acquiring an additional 25,770 shares in the last quarter.

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Shares of SPDR S&P MidCap 400 ETF (NYSE:MDY) traded up 0.28% during midday trading on Friday, hitting $321.22. The stock had a trading volume of 894,789 shares. The firm has a 50 day moving average of $314.87 and a 200-day moving average of $315.17. SPDR S&P MidCap 400 ETF has a one year low of $268.25 and a one year high of $326.88.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 31st. Investors of record on Monday, September 18th will be paid a dividend of $1.4451 per share. This represents a $5.78 dividend on an annualized basis and a dividend yield of 1.80%. The ex-dividend date of this dividend is Friday, September 15th. This is a positive change from SPDR S&P MidCap 400 ETF’s previous quarterly dividend of $0.52.

SPDR S&P MidCap 400 ETF 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 (NYSE:MDY)

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