SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) Stake Decreased by Dumont & Blake Investment Advisors LLC

Dumont & Blake Investment Advisors LLC trimmed its stake in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 1.3% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 20,474 shares of the exchange traded fund’s stock after selling 269 shares during the quarter. SPDR S&P MidCap 400 ETF Trust comprises 3.3% of Dumont & Blake Investment Advisors LLC’s portfolio, making the stock its 6th largest position. Dumont & Blake Investment Advisors LLC owned about 0.05% of SPDR S&P MidCap 400 ETF Trust worth $11,392,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Osborne Partners Capital Management LLC lifted its position in SPDR S&P MidCap 400 ETF Trust by 0.9% during the fourth quarter. Osborne Partners Capital Management LLC now owns 2,292 shares of the exchange traded fund’s stock valued at $1,163,000 after buying an additional 20 shares in the last quarter. CX Institutional increased its holdings in SPDR S&P MidCap 400 ETF Trust by 0.8% in the 4th quarter. CX Institutional now owns 2,493 shares of the exchange traded fund’s stock valued at $1,265,000 after purchasing an additional 21 shares in the last quarter. Warner Financial Inc. increased its holdings in SPDR S&P MidCap 400 ETF Trust by 1.0% in the 4th quarter. Warner Financial Inc. now owns 2,182 shares of the exchange traded fund’s stock valued at $1,107,000 after purchasing an additional 21 shares in the last quarter. Lowe Wealth Advisors LLC raised its position in SPDR S&P MidCap 400 ETF Trust by 0.6% in the fourth quarter. Lowe Wealth Advisors LLC now owns 3,832 shares of the exchange traded fund’s stock valued at $1,944,000 after purchasing an additional 23 shares during the period. Finally, Deutsche Bank AG lifted its stake in shares of SPDR S&P MidCap 400 ETF Trust by 0.9% during the third quarter. Deutsche Bank AG now owns 2,695 shares of the exchange traded fund’s stock worth $1,231,000 after purchasing an additional 24 shares in the last quarter.

SPDR S&P MidCap 400 ETF Trust Stock Performance

Shares of MDY stock traded up $1.51 during trading hours on Friday, reaching $535.08. The company had a trading volume of 901,193 shares, compared to its average volume of 883,160. The company has a market capitalization of $21.15 billion, a P/E ratio of 15.70 and a beta of 1.09. SPDR S&P MidCap 400 ETF Trust has a twelve month low of $424.22 and a twelve month high of $558.34. The stock’s fifty day simple moving average is $538.47 and its 200 day simple moving average is $525.98.

SPDR S&P MidCap 400 ETF Trust Announces Dividend

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