LPL Financial LLC Increases Stock Position in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV)

LPL Financial LLC grew its position in shares of SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) by 67.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 762,119 shares of the company’s stock after purchasing an additional 305,859 shares during the period. LPL Financial LLC owned approximately 6.46% of SPDR S&P Emerging Markets Dividend ETF worth $26,884,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Stratos Wealth Partners LTD. bought a new position in SPDR S&P Emerging Markets Dividend ETF during the fourth quarter valued at approximately $363,000. Jane Street Group LLC grew its holdings in shares of SPDR S&P Emerging Markets Dividend ETF by 201.2% in the third quarter. Jane Street Group LLC now owns 53,767 shares of the company’s stock valued at $2,025,000 after purchasing an additional 35,918 shares in the last quarter. FMR LLC grew its holdings in shares of SPDR S&P Emerging Markets Dividend ETF by 122.0% in the third quarter. FMR LLC now owns 1,880 shares of the company’s stock valued at $71,000 after purchasing an additional 1,033 shares in the last quarter. Jones Financial Companies Lllp increased its position in SPDR S&P Emerging Markets Dividend ETF by 226.6% in the fourth quarter. Jones Financial Companies Lllp now owns 12,458 shares of the company’s stock worth $439,000 after purchasing an additional 8,643 shares during the last quarter. Finally, JPMorgan Chase & Co. bought a new position in SPDR S&P Emerging Markets Dividend ETF during the third quarter valued at $155,000.

SPDR S&P Emerging Markets Dividend ETF Stock Down 1.2 %

Shares of NYSEARCA:EDIV opened at $35.85 on Friday. The firm has a fifty day simple moving average of $35.96 and a two-hundred day simple moving average of $36.05. SPDR S&P Emerging Markets Dividend ETF has a 52 week low of $32.37 and a 52 week high of $39.23. The stock has a market capitalization of $587.94 million, a P/E ratio of 9.70 and a beta of 0.70.

SPDR S&P Emerging Markets Dividend ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 24th were given a $0.287 dividend. The ex-dividend date of this dividend was Monday, March 24th.

About SPDR S&P Emerging Markets Dividend ETF

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.