SPDR S&P MidCap 400 ETF (MDY) Shares Bought by Covington Capital Management

Covington Capital Management lifted its position in shares of SPDR S&P MidCap 400 ETF (NYSE:MDY) by 0.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,357 shares of the exchange traded fund’s stock after acquiring an additional 215 shares during the quarter. SPDR S&P MidCap 400 ETF accounts for about 1.4% of Covington Capital Management’s holdings, making the stock its 19th biggest position. Covington Capital Management’s holdings in SPDR S&P MidCap 400 ETF were worth $16,947,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Alliancebernstein L.P. boosted its stake in shares of SPDR S&P MidCap 400 ETF by 1.5% during the 2nd quarter. Alliancebernstein L.P. now owns 537,556 shares of the exchange traded fund’s stock worth $170,739,000 after acquiring an additional 7,887 shares in the last quarter. Victory Capital Management Inc. raised its position 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 purchasing an additional 202,951 shares during the last quarter. The Manufacturers Life Insurance Company raised its position in shares of SPDR S&P MidCap 400 ETF by 2.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 269,545 shares of the exchange traded fund’s stock worth $85,613,000 after purchasing an additional 6,091 shares during the last quarter. MAI Capital Management raised its position in shares of SPDR S&P MidCap 400 ETF by 1.8% during the 2nd quarter. MAI Capital Management now owns 242,596 shares of the exchange traded fund’s stock worth $77,053,000 after purchasing an additional 4,252 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its position in shares of SPDR S&P MidCap 400 ETF by 10.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 241,666 shares of the exchange traded fund’s stock worth $76,986,000 after purchasing an additional 22,339 shares during the last quarter.

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The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 31st. Investors of record on Monday, September 18th will be issued a dividend of $1.4451 per share. This represents a $5.78 dividend on an annualized basis and a yield of 1.75%. This is a boost from SPDR S&P MidCap 400 ETF’s previous quarterly dividend of $0.52. The ex-dividend date of this dividend is Friday, September 15th.

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 (NYSE:MDY)

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