SPDR S&P MidCap 400 ETF Trust $MDY Stock Holdings Lessened by IFG Advisors LLC

IFG Advisors LLC trimmed its position in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 2.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 45,622 shares of the exchange traded fund’s stock after selling 1,097 shares during the period. SPDR S&P MidCap 400 ETF Trust comprises 4.6% of IFG Advisors LLC’s portfolio, making the stock its 7th largest position. IFG Advisors LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $27,523,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Larson Financial Group LLC increased its holdings in SPDR S&P MidCap 400 ETF Trust by 2.8% during the 3rd quarter. Larson Financial Group LLC now owns 657 shares of the exchange traded fund’s stock valued at $392,000 after purchasing an additional 18 shares during the period. Assetmark Inc. lifted its holdings in SPDR S&P MidCap 400 ETF Trust by 10.0% in the 3rd quarter. Assetmark Inc. now owns 209 shares of the exchange traded fund’s stock worth $125,000 after buying an additional 19 shares during the period. Cypress Capital LLC lifted its holdings in SPDR S&P MidCap 400 ETF Trust by 1.8% in the 3rd quarter. Cypress Capital LLC now owns 1,106 shares of the exchange traded fund’s stock worth $659,000 after buying an additional 20 shares during the period. Sagespring Wealth Partners LLC grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 0.3% in the 3rd quarter. Sagespring Wealth Partners LLC now owns 6,935 shares of the exchange traded fund’s stock worth $4,134,000 after buying an additional 21 shares during the last quarter. Finally, Pacific Financial Group Inc. grew its position in shares of SPDR S&P MidCap 400 ETF Trust by 1.3% in the 3rd quarter. Pacific Financial Group Inc. now owns 1,741 shares of the exchange traded fund’s stock worth $1,038,000 after buying an additional 23 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Down 1.5%

Shares of SPDR S&P MidCap 400 ETF Trust stock opened at $613.77 on Friday. The company has a market cap of $23.83 billion, a PE ratio of 18.98 and a beta of 1.06. The business has a 50 day moving average of $636.89 and a 200 day moving average of $614.02. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $458.82 and a 52 week high of $662.65.

SPDR S&P MidCap 400 ETF Trust Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders 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 yield of 1.0%. The ex-dividend date of this dividend is Friday, March 20th.

About SPDR S&P MidCap 400 ETF Trust

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.