Independent Advisor Alliance Purchases New Shares in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV)

Independent Advisor Alliance purchased a new stake in shares of SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIVFree Report) in the fourth quarter, HoldingsChannel.com reports. The firm purchased 9,339 shares of the company’s stock, valued at approximately $329,000.

Other large investors have also recently added to or reduced their stakes in the company. Synergy Asset Management LLC bought a new position in SPDR S&P Emerging Markets Dividend ETF during the 4th quarter valued at $25,000. Cape Investment Advisory Inc. bought a new position in SPDR S&P Emerging Markets Dividend ETF during the 4th quarter valued at $26,000. Compass Planning Associates Inc bought a new position in SPDR S&P Emerging Markets Dividend ETF during the 4th quarter valued at $51,000. National Bank of Canada FI boosted its stake in SPDR S&P Emerging Markets Dividend ETF by 88.3% during the 3rd quarter. National Bank of Canada FI now owns 1,461 shares of the company’s stock valued at $55,000 after acquiring an additional 685 shares during the last quarter. Finally, Capital Investment Advisory Services LLC boosted its stake in SPDR S&P Emerging Markets Dividend ETF by 173.7% during the 4th quarter. Capital Investment Advisory Services LLC now owns 1,478 shares of the company’s stock valued at $52,000 after acquiring an additional 938 shares during the last quarter.

SPDR S&P Emerging Markets Dividend ETF Stock Performance

SPDR S&P Emerging Markets Dividend ETF stock opened at $36.83 on Wednesday. The firm’s 50-day moving average is $35.68 and its 200-day moving average is $36.06. SPDR S&P Emerging Markets Dividend ETF has a 1 year low of $32.37 and a 1 year high of $39.23. The company has a market cap of $604.01 million, a P/E ratio of 9.70 and a beta of 0.70.

SPDR S&P Emerging Markets Dividend ETF Company Profile

(Free Report)

The SPDR S&P Emerging Markets Dividend ETF (EDIV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a yield-weighted index of high-dividend-paying firms in emerging markets. The index screens for 3-year positive earnings growth and profitability. EDIV was launched on Feb 23, 2011 and is managed by State Street.

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Institutional Ownership by Quarter for SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV)

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