Chesley Taft & Associates LLC Cuts Stock Holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Chesley Taft & Associates LLC trimmed its holdings in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 0.3% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 13,680 shares of the exchange traded fund’s stock after selling 40 shares during the period. Chesley Taft & Associates LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $7,612,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Cumberland Advisors Inc. boosted its position in SPDR S&P MidCap 400 ETF Trust by 2.1% during the first quarter. Cumberland Advisors Inc. now owns 44,867 shares of the exchange traded fund’s stock valued at $24,964,000 after buying an additional 943 shares during the period. Wealthcare Advisory Partners LLC raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 4.9% during the first quarter. Wealthcare Advisory Partners LLC now owns 5,960 shares of the exchange traded fund’s stock valued at $3,316,000 after acquiring an additional 277 shares during the last quarter. S.A. Mason LLC raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 7.0% during the first quarter. S.A. Mason LLC now owns 706 shares of the exchange traded fund’s stock valued at $393,000 after acquiring an additional 46 shares during the last quarter. Revolve Wealth Partners LLC raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 2.3% during the first quarter. Revolve Wealth Partners LLC now owns 4,033 shares of the exchange traded fund’s stock valued at $2,244,000 after acquiring an additional 91 shares during the last quarter. Finally, G&S Capital LLC raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 2.4% during the first quarter. G&S Capital LLC now owns 8,963 shares of the exchange traded fund’s stock valued at $4,987,000 after acquiring an additional 208 shares during the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Up 0.4 %

Shares of NYSEARCA:MDY traded up $2.02 during midday trading on Thursday, hitting $533.57. 685,879 shares of the stock traded hands, compared to its average volume of 883,049. The stock has a market capitalization of $21.09 billion, a PE ratio of 15.70 and a beta of 1.09. The business’s 50 day moving average is $537.80 and its two-hundred day moving average is $525.27. SPDR S&P MidCap 400 ETF Trust has a one year low of $424.22 and a one year high of $558.34.

SPDR S&P MidCap 400 ETF Trust Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Wednesday, July 31st. Stockholders of record on Friday, June 21st will be paid a dividend of $1.9974 per share. The ex-dividend date is Friday, June 21st.

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.