Divergent Planning LLC Has $46.61 Million Stake in SPDR S&P MidCap 400 ETF Trust $MDY

Divergent Planning LLC increased its holdings in SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) by 2.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 76,242 shares of the exchange traded fund’s stock after acquiring an additional 1,958 shares during the period. SPDR S&P MidCap 400 ETF Trust comprises 11.9% of Divergent Planning LLC’s investment portfolio, making the stock its 3rd biggest holding. Divergent Planning LLC owned 0.19% of SPDR S&P MidCap 400 ETF Trust worth $46,608,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Activest Wealth Management boosted its stake in SPDR S&P MidCap 400 ETF Trust by 125.0% during the 3rd quarter. Activest Wealth Management now owns 54 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 30 shares during the last quarter. Brown Lisle Cummings Inc. raised its stake in shares of SPDR S&P MidCap 400 ETF Trust by 110.0% in the third quarter. Brown Lisle Cummings Inc. now owns 63 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 33 shares during the last quarter. CoreFirst Bank & Trust bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the second quarter valued at approximately $40,000. Cloud Capital Management LLC bought a new position in shares of SPDR S&P MidCap 400 ETF Trust in the third quarter valued at approximately $41,000. Finally, ST Germain D J Co. Inc. purchased a new position in shares of SPDR S&P MidCap 400 ETF Trust during the third quarter valued at approximately $42,000.

SPDR S&P MidCap 400 ETF Trust Trading Up 1.9%

Shares of SPDR S&P MidCap 400 ETF Trust stock opened at $612.67 on Tuesday. The stock has a fifty day simple moving average of $637.99 and a 200 day simple moving average of $613.85. SPDR S&P MidCap 400 ETF Trust has a 12-month low of $458.82 and a 12-month high of $662.65. The company has a market capitalization of $23.78 billion, a P/E ratio of 18.98 and a beta of 1.06.

SPDR S&P MidCap 400 ETF Trust Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Friday, March 20th will be paid a $1.5163 dividend. The ex-dividend date is Friday, March 20th. This represents a $6.07 annualized dividend and a dividend yield of 1.0%.

About SPDR S&P MidCap 400 ETF Trust

SPDR S&P MidCap 400 ETF is an exchange traded fund. SPDR MidCap 400 Trust focuses to correspond to the price and yield performance of the S&P MidCap 400 Index. The S&P MidCap 400 covers over 7% of the United States equities market, and is part of a series of S&P the United States indices. The index also includes companies, which should have four consecutive quarters of positive as-reported earnings, excluding discontinued operations and extraordinary items. Its investment sectors include financials, industrials, information technology, consumer discretionary, healthcare and materials.