Wambolt & Associates LLC Sells 789 Shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG)

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

Several other institutional investors also recently modified their holdings of MDYG. LPL Financial LLC boosted its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 1.2% during the 4th quarter. LPL Financial LLC now owns 1,755,895 shares of the company’s stock valued at $152,570,000 after acquiring an additional 21,506 shares during the last quarter. Stifel Financial Corp raised its stake in SPDR S&P 400 Mid CapGrowth ETF by 146.2% during the 3rd quarter. Stifel Financial Corp now owns 1,197,620 shares of the company’s stock valued at $105,079,000 after buying an additional 711,253 shares during the last quarter. Benjamin Edwards Inc. lifted its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 6,605.5% during the 3rd quarter. Benjamin Edwards Inc. now owns 992,944 shares of the company’s stock valued at $87,122,000 after buying an additional 978,136 shares during the period. Parcion Private Wealth LLC boosted its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 0.9% in the 4th quarter. Parcion Private Wealth LLC now owns 832,560 shares of the company’s stock worth $72,341,000 after buying an additional 7,177 shares during the last quarter. Finally, Confluence Investment Management LLC grew its holdings in shares of SPDR S&P 400 Mid CapGrowth ETF by 12.4% in the fourth quarter. Confluence Investment Management LLC now owns 548,721 shares of the company’s stock worth $47,678,000 after acquiring an additional 60,545 shares during the period.

SPDR S&P 400 Mid CapGrowth ETF Stock Performance

MDYG stock opened at $82.85 on Tuesday. The company has a market cap of $2.62 billion, a price-to-earnings ratio of 21.05 and a beta of 1.12. The business’s 50-day moving average is $86.48 and its two-hundred day moving average is $88.12. SPDR S&P 400 Mid CapGrowth ETF has a fifty-two week low of $77.49 and a fifty-two week high of $95.51.

SPDR S&P 400 Mid CapGrowth ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, March 26th. Investors of record on Monday, March 24th will be issued a $0.1481 dividend. 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.