Wambolt & Associates LLC Sells 747 Shares of SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV)

Wambolt & Associates LLC lowered its stake in SPDR S&P 400 Mid Cap Value ETF (NYSEARCA:MDYV) by 6.4% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 10,855 shares of the company’s stock after selling 747 shares during the period. Wambolt & Associates LLC’s holdings in SPDR S&P 400 Mid Cap Value ETF were worth $871,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. TIAA Trust National Association boosted its stake in SPDR S&P 400 Mid Cap Value ETF by 39.4% in the 4th quarter. TIAA Trust National Association now owns 810,809 shares of the company’s stock worth $65,027,000 after purchasing an additional 229,359 shares in the last quarter. Lutz Financial Services LLC lifted its stake in shares of SPDR S&P 400 Mid Cap Value ETF by 0.5% in the fourth quarter. Lutz Financial Services LLC now owns 694,697 shares of the company’s stock worth $55,715,000 after buying an additional 3,705 shares in the last quarter. Kestra Advisory Services LLC grew its holdings in shares of SPDR S&P 400 Mid Cap Value ETF by 0.9% during the fourth quarter. Kestra Advisory Services LLC now owns 565,845 shares of the company’s stock valued at $45,381,000 after buying an additional 5,006 shares during the last quarter. Strategic Financial Concepts LLC increased its position in shares of SPDR S&P 400 Mid Cap Value ETF by 7,913.2% during the fourth quarter. Strategic Financial Concepts LLC now owns 474,303 shares of the company’s stock valued at $38,039,000 after acquiring an additional 468,384 shares in the last quarter. Finally, Benjamin Edwards Inc. raised its holdings in SPDR S&P 400 Mid Cap Value ETF by 2,202.9% in the 3rd quarter. Benjamin Edwards Inc. now owns 470,855 shares of the company’s stock worth $37,414,000 after acquiring an additional 450,409 shares during the last quarter.

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

MDYV stock opened at $78.85 on Tuesday. The stock has a market capitalization of $2.48 billion, a PE ratio of 16.84 and a beta of 1.17. The stock’s 50 day simple moving average is $80.94 and its 200 day simple moving average is $81.12. SPDR S&P 400 Mid Cap Value ETF has a 12-month low of $70.15 and a 12-month high of $87.81.

SPDR S&P 400 Mid Cap Value 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 given a dividend of $0.2455 per share. The ex-dividend date 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.