Guidant Wealth Advisors bought a new position in shares of SPDR S&P 400 Mid CapGrowth ETF (NYSEARCA:MDYG) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 13,358 shares of the company’s stock, valued at approximately $612,000. Guidant Wealth Advisors owned about 0.05% of SPDR S&P 400 Mid CapGrowth ETF at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Raymond James & Associates raised its position in SPDR S&P 400 Mid CapGrowth ETF by 226.6% in the second quarter. Raymond James & Associates now owns 5,876 shares of the company’s stock valued at $317,000 after purchasing an additional 4,077 shares during the last quarter. Gradient Investments LLC grew its position in SPDR S&P 400 Mid CapGrowth ETF by 1,581.2% during the third quarter. Gradient Investments LLC now owns 378,085 shares of the company’s stock worth $16,118,000 after buying an additional 355,596 shares in the last quarter. IFP Advisors Inc lifted its stake in SPDR S&P 400 Mid CapGrowth ETF by 408.2% during the third quarter. IFP Advisors Inc now owns 22,913 shares of the company’s stock worth $1,282,000 after purchasing an additional 18,404 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its position in SPDR S&P 400 Mid CapGrowth ETF by 7.6% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 119,474 shares of the company’s stock valued at $6,685,000 after purchasing an additional 8,486 shares during the last quarter. Finally, Captrust Financial Advisors grew its stake in shares of SPDR S&P 400 Mid CapGrowth ETF by 190.0% in the 3rd quarter. Captrust Financial Advisors now owns 2,732 shares of the company’s stock worth $153,000 after buying an additional 1,790 shares during the last quarter.
MDYG stock traded up $0.71 during trading on Friday, reaching $49.57. The company’s stock had a trading volume of 1,675 shares, compared to its average volume of 193,544. SPDR S&P 400 Mid CapGrowth ETF has a 1 year low of $43.09 and a 1 year high of $57.22.
The company also recently declared a quarterly dividend, which was paid on Friday, December 28th. Shareholders of record on Wednesday, December 26th were issued a $0.1909 dividend. This is a positive change from SPDR S&P 400 Mid CapGrowth ETF’s previous quarterly dividend of $0.19. This represents a $0.76 annualized dividend and a yield of 1.54%. The ex-dividend date of this dividend was Monday, December 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.
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