TIAA Trust National Association Purchases 229,359 Shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

TIAA Trust National Association increased its position in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 39.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 810,809 shares of the company’s stock after purchasing an additional 229,359 shares during the quarter. TIAA Trust National Association owned approximately 2.41% of SPDR S&P 400 Mid Cap Value ETF worth $65,027,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Continuum Advisory LLC grew its position in shares of SPDR S&P 400 Mid Cap Value ETF by 2,007.1% during the 3rd quarter. Continuum Advisory LLC now owns 295 shares of the company’s stock worth $25,000 after buying an additional 281 shares during the period. Assetmark Inc. boosted its stake in SPDR S&P 400 Mid Cap Value ETF by 1,088.5% in the fourth quarter. Assetmark Inc. now owns 309 shares of the company’s stock valued at $25,000 after acquiring an additional 283 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its stake in SPDR S&P 400 Mid Cap Value ETF by 996.9% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 351 shares of the company’s stock valued at $28,000 after acquiring an additional 319 shares during the last quarter. Millstone Evans Group LLC acquired a new stake in SPDR S&P 400 Mid Cap Value ETF during the 4th quarter worth $36,000. Finally, Crews Bank & Trust bought a new stake in shares of SPDR S&P 400 Mid Cap Value ETF during the 4th quarter valued at $45,000.

SPDR S&P 400 Mid Cap Value ETF Stock Up 1.7 %

MDYV stock opened at $78.85 on Tuesday. SPDR S&P 400 Mid Cap Value ETF has a twelve month low of $70.15 and a twelve month high of $87.81. The business’s fifty day moving average is $80.94 and its 200-day moving average is $81.12. The company has a market cap of $2.48 billion, a P/E ratio of 16.84 and a beta of 1.17.

SPDR S&P 400 Mid Cap Value ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th will be issued a dividend of $0.2455 per share. The ex-dividend date of this dividend is Monday, March 24th.

About SPDR S&P 400 Mid Cap Value ETF

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