Commonwealth Equity Services LLC Purchases 29,423 Shares of SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV)

Commonwealth Equity Services LLC increased its stake in shares of SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) by 27.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 135,452 shares of the company’s stock after buying an additional 29,423 shares during the quarter. Commonwealth Equity Services LLC’s holdings in SPDR S&P Emerging Markets Dividend ETF were worth $4,778,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Financial Advisory Partners LLC lifted its position in shares of SPDR S&P Emerging Markets Dividend ETF by 6.3% during the 4th quarter. Financial Advisory Partners LLC now owns 7,668 shares of the company’s stock worth $270,000 after buying an additional 456 shares during the period. Synergy Asset Management LLC bought a new position in shares of SPDR S&P Emerging Markets Dividend ETF during the 4th quarter worth approximately $25,000. National Bank of Canada FI lifted its position in shares of 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 worth $55,000 after buying an additional 685 shares during the period. Cape Investment Advisory Inc. bought a new position in shares of SPDR S&P Emerging Markets Dividend ETF during the 4th quarter worth approximately $26,000. Finally, US Bancorp DE increased its holdings in SPDR S&P Emerging Markets Dividend ETF by 50.4% during the 4th quarter. US Bancorp DE now owns 2,255 shares of the company’s stock valued at $80,000 after purchasing an additional 756 shares in the last quarter.

SPDR S&P Emerging Markets Dividend ETF Price Performance

EDIV stock opened at $36.58 on Friday. The business has a fifty day moving average price of $35.80 and a 200 day moving average price of $36.07. SPDR S&P Emerging Markets Dividend ETF has a fifty-two week low of $32.37 and a fifty-two week high of $39.23. The stock has a market capitalization of $599.91 million, a price-to-earnings ratio of 9.70 and a beta of 0.70.

SPDR S&P Emerging Markets Dividend ETF Company Profile

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.