Adirondack Trust Co. Sells 530 Shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Adirondack Trust Co. cut its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 3.2% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 16,039 shares of the exchange traded fund’s stock after selling 530 shares during the quarter. SPDR S&P MidCap 400 ETF Trust makes up approximately 4.0% of Adirondack Trust Co.’s investment portfolio, making the stock its 4th largest holding. Adirondack Trust Co.’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $5,653,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Weaver Consulting Group acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the 1st quarter worth $27,000. Belvedere Advisors LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the 1st quarter worth $40,000. Doyle Wealth Management acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the 2nd quarter worth $44,000. SRS Capital Advisors Inc. acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the 2nd quarter worth $50,000. Finally, Marino Stram & Associates LLC acquired a new stake in SPDR S&P MidCap 400 ETF Trust in the 1st quarter worth $53,000.

NYSEARCA MDY remained flat at $$341.02 during midday trading on Wednesday. 796,209 shares of the company’s stock traded hands, compared to its average volume of 1,082,204. The stock has a fifty day moving average of $347.52 and a two-hundred day moving average of $349.24. SPDR S&P MidCap 400 ETF Trust has a 52 week low of $284.45 and a 52 week high of $362.89.



The business also recently declared a — dividend, which will be paid on Thursday, October 31st. Shareholders of record on Monday, September 23rd will be given a $1.3726 dividend. The ex-dividend date of this dividend is Friday, September 20th. This represents a yield of 1.3%.

SPDR S&P MidCap 400 ETF Trust 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.

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

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