Wambolt & Associates LLC Reduces Stock Holdings in SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

Wambolt & Associates LLC reduced its stake in shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) by 5.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,997 shares of the company’s stock after selling 789 shares during the quarter. Wambolt & Associates LLC’s holdings in SPDR S&P 400 Mid CapGrowth ETF were worth $1,216,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Legacy Investment Solutions LLC bought a new position in shares of SPDR S&P 400 Mid CapGrowth ETF in the 3rd quarter worth about $25,000. Centricity Wealth Management LLC purchased a new stake in SPDR S&P 400 Mid CapGrowth ETF in the fourth quarter worth about $26,000. Cape Investment Advisory Inc. increased its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 198.1% during the fourth quarter. Cape Investment Advisory Inc. now owns 310 shares of the company’s stock valued at $27,000 after purchasing an additional 206 shares in the last quarter. Capital Investment Advisory Services LLC lifted its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 110.1% during the fourth quarter. Capital Investment Advisory Services LLC now owns 418 shares of the company’s stock valued at $36,000 after purchasing an additional 219 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB boosted its position in shares of SPDR S&P 400 Mid CapGrowth ETF by 189.2% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 535 shares of the company’s stock worth $46,000 after purchasing an additional 350 shares in the last quarter.

SPDR S&P 400 Mid CapGrowth ETF Stock Up 2.8 %

MDYG stock opened at $82.85 on Tuesday. The business has a 50 day moving average of $86.48 and a 200 day moving average of $88.12. SPDR S&P 400 Mid CapGrowth ETF has a twelve month low of $77.49 and a twelve month high of $95.51. The firm has a market cap of $2.62 billion, a PE ratio of 21.05 and a beta of 1.12.

SPDR S&P 400 Mid CapGrowth ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th will be issued a dividend of $0.1481 per share. The ex-dividend date of this dividend is Monday, March 24th.

About SPDR S&P 400 Mid CapGrowth ETF

SPDR S&P 400 Mid Cap Growth ETF, before expenses, seeks to closely match the returns and characteristics of the S&P Mid Cap 400 Growth Index. The S&P MidCap 400 Growth Index measures the performance of the mid-capitalization growth sector in the United States equity market. The Index consists of those stocks in the S&P MidCap 400 Index exhibiting the strongest growth characteristics based on: sales growth; earnings change to price, and momentum.