Golden State Wealth Management LLC Has $706,000 Position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY)

Golden State Wealth Management LLC lowered its position in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 12.5% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 2,003 shares of the exchange traded fund’s stock after selling 287 shares during the quarter. Golden State Wealth Management LLC’s holdings in SPDR S&P MidCap 400 ETF Trust were worth $706,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in MDY. BNP Paribas Arbitrage SA increased its stake in shares of SPDR S&P MidCap 400 ETF Trust by 132.0% in the second quarter. BNP Paribas Arbitrage SA now owns 443,869 shares of the exchange traded fund’s stock valued at $157,392,000 after buying an additional 252,518 shares during the period. HighTower Advisors LLC increased its position in SPDR S&P MidCap 400 ETF Trust by 191.7% during the 2nd quarter. HighTower Advisors LLC now owns 158,331 shares of the exchange traded fund’s stock valued at $56,152,000 after purchasing an additional 104,057 shares during the period. US Bancorp DE increased its position in SPDR S&P MidCap 400 ETF Trust by 3.0% during the 2nd quarter. US Bancorp DE now owns 1,366,627 shares of the exchange traded fund’s stock valued at $484,592,000 after purchasing an additional 40,269 shares during the period. Victory Capital Management Inc. increased its position in SPDR S&P MidCap 400 ETF Trust by 45.3% during the 2nd quarter. Victory Capital Management Inc. now owns 100,325 shares of the exchange traded fund’s stock valued at $35,574,000 after purchasing an additional 31,301 shares during the period. Finally, CWM LLC increased its position in SPDR S&P MidCap 400 ETF Trust by 771.7% during the 3rd quarter. CWM LLC now owns 30,641 shares of the exchange traded fund’s stock valued at $10,800,000 after purchasing an additional 27,126 shares during the period.

NYSEARCA:MDY traded down $0.96 on Thursday, reaching $353.90. 20,144 shares of the stock traded hands, compared to its average volume of 1,073,675. The company’s 50 day moving average is $350.53 and its 200-day moving average is $349.75. SPDR S&P MidCap 400 ETF Trust has a 1-year low of $284.45 and a 1-year high of $362.89.

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

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.

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

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