Stratos Wealth Partners LTD. Has $3.46 Million Stake in SPDR S&P MidCap 400 ETF Trust (MDY)

Stratos Wealth Partners LTD. lowered its stake in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 29.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 9,403 shares of the exchange traded fund’s stock after selling 3,988 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $3,455,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. TRUE Private Wealth Advisors bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 3rd quarter valued at approximately $110,000. NEXT Financial Group Inc bought a new position in shares of SPDR S&P MidCap 400 ETF Trust during the 3rd quarter valued at approximately $115,000. Sound Income Strategies LLC increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 1,421.7% during the 3rd quarter. Sound Income Strategies LLC now owns 350 shares of the exchange traded fund’s stock valued at $129,000 after purchasing an additional 327 shares during the last quarter. Omnia Family Wealth LLC increased its position in shares of SPDR S&P MidCap 400 ETF Trust by 216.0% during the 2nd quarter. Omnia Family Wealth LLC now owns 395 shares of the exchange traded fund’s stock valued at $141,000 after purchasing an additional 270 shares during the last quarter. Finally, BerganKDV Wealth Management LLC purchased a new position in SPDR S&P MidCap 400 ETF Trust during the 2nd quarter valued at $158,000.

MDY opened at $342.72 on Wednesday. SPDR S&P MidCap 400 ETF Trust has a 52-week low of $321.61 and a 52-week high of $374.10.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 31st. Investors of record on Monday, September 24th were issued a dividend of $1.056 per share. The ex-dividend date of this dividend was Friday, September 21st. This represents a $4.22 dividend on an annualized basis and a yield of 1.23%. This is a boost from SPDR S&P MidCap 400 ETF Trust’s previous quarterly dividend of $1.01.

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SPDR S&P MidCap 400 ETF Trust 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.

Read More: Hedge Funds

Institutional Ownership by Quarter for SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

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