SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) Shares Purchased by Wells Fargo & Company MN

Wells Fargo & Company MN boosted its holdings in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) by 38.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 493,116 shares of the company’s stock after buying an additional 137,063 shares during the period. Wells Fargo & Company MN owned 4.18% of SPDR S&P Emerging Markets Dividend ETF worth $17,395,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. LPL Financial LLC increased its holdings in shares of SPDR S&P Emerging Markets Dividend ETF by 67.0% during the 4th quarter. LPL Financial LLC now owns 762,119 shares of the company’s stock worth $26,884,000 after buying an additional 305,859 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in SPDR S&P Emerging Markets Dividend ETF during the fourth quarter worth about $9,628,000. Summit Global Investments purchased a new position in shares of SPDR S&P Emerging Markets Dividend ETF in the 4th quarter worth about $4,925,000. B.O.S.S. Retirement Advisors LLC lifted its stake in shares of SPDR S&P Emerging Markets Dividend ETF by 477.3% in the 4th quarter. B.O.S.S. Retirement Advisors LLC now owns 48,928 shares of the company’s stock valued at $1,726,000 after purchasing an additional 40,453 shares in the last quarter. Finally, Trademark Financial Management LLC grew its holdings in shares of SPDR S&P Emerging Markets Dividend ETF by 90.5% during the 4th quarter. Trademark Financial Management LLC now owns 80,256 shares of the company’s stock worth $2,831,000 after purchasing an additional 38,136 shares during the period.

SPDR S&P Emerging Markets Dividend ETF Stock Performance

NYSEARCA EDIV opened at $34.86 on Monday. The firm has a market capitalization of $625.74 million, a price-to-earnings ratio of 9.01 and a beta of 0.56. SPDR S&P Emerging Markets Dividend ETF has a one year low of $32.36 and a one year high of $39.23. The company’s 50 day moving average price is $35.70 and its 200 day moving average price is $35.81.

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.