Pure Financial Advisors Inc. Has $6.44 Million Holdings in SPDR Portfolio Mid Cap ETF (SPMD)

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Pure Financial Advisors Inc. boosted its stake in shares of SPDR Portfolio Mid Cap ETF (NYSEARCA:SPMD) by 41.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 218,947 shares of the company’s stock after acquiring an additional 63,676 shares during the quarter. SPDR Portfolio Mid Cap ETF comprises about 1.3% of Pure Financial Advisors Inc.’s investment portfolio, making the stock its 24th biggest position. Pure Financial Advisors Inc. owned 0.59% of SPDR Portfolio Mid Cap ETF worth $6,441,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of the business. Citadel Advisors LLC bought a new position in shares of SPDR Portfolio Mid Cap ETF during the second quarter valued at approximately $330,000. Envestnet Asset Management Inc. grew its stake in shares of SPDR Portfolio Mid Cap ETF by 436.6% during the second quarter. Envestnet Asset Management Inc. now owns 34,517 shares of the company’s stock valued at $1,204,000 after buying an additional 28,084 shares during the last quarter. First Republic Investment Management Inc. bought a new position in shares of SPDR Portfolio Mid Cap ETF during the second quarter valued at approximately $225,000. Bank of America Corp DE grew its stake in shares of SPDR Portfolio Mid Cap ETF by 13.6% during the second quarter. Bank of America Corp DE now owns 56,070 shares of the company’s stock valued at $1,955,000 after buying an additional 6,700 shares during the last quarter. Finally, AE Wealth Management LLC grew its stake in shares of SPDR Portfolio Mid Cap ETF by 41.5% during the second quarter. AE Wealth Management LLC now owns 61,585 shares of the company’s stock valued at $2,148,000 after buying an additional 18,068 shares during the last quarter.

NYSEARCA:SPMD traded up $0.06 during midday trading on Friday, hitting $31.29. The stock had a trading volume of 576 shares, compared to its average volume of 704,669. SPDR Portfolio Mid Cap ETF has a one year low of $27.66 and a one year high of $37.08.

The business also recently announced a quarterly dividend, which was paid on Friday, December 28th. Shareholders of record on Wednesday, December 26th were issued a dividend of $0.1637 per share. The ex-dividend date was Monday, December 24th. This represents a $0.65 dividend on an annualized basis and a yield of 2.09%. This is a positive change from SPDR Portfolio Mid Cap ETF’s previous quarterly dividend of $0.14.

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Institutional Ownership by Quarter for SPDR Portfolio Mid Cap ETF (NYSEARCA:SPMD)

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