SPDR S&P Emerging Markets Dividend ETF $EDIV Shares Newly Bought by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC bought a new position in shares of SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 245,588 shares of the company’s stock, valued at approximately $9,863,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Bank of America Corp DE raised its holdings in shares of SPDR S&P Emerging Markets Dividend ETF by 76.8% in the 1st quarter. Bank of America Corp DE now owns 1,757,472 shares of the company’s stock valued at $69,385,000 after purchasing an additional 763,194 shares in the last quarter. Cetera Investment Advisers lifted its holdings in SPDR S&P Emerging Markets Dividend ETF by 3.9% during the first quarter. Cetera Investment Advisers now owns 1,523,559 shares of the company’s stock worth $60,150,000 after buying an additional 56,815 shares during the period. Royal Bank of Canada boosted its position in SPDR S&P Emerging Markets Dividend ETF by 7.9% during the 1st quarter. Royal Bank of Canada now owns 386,601 shares of the company’s stock valued at $15,263,000 after acquiring an additional 28,451 shares in the last quarter. Bond & Devick Financial Network Inc. boosted its position in SPDR S&P Emerging Markets Dividend ETF by 3.7% during the 3rd quarter. Bond & Devick Financial Network Inc. now owns 275,031 shares of the company’s stock valued at $11,045,000 after acquiring an additional 9,734 shares in the last quarter. Finally, Centaurus Financial Inc. boosted its position in SPDR S&P Emerging Markets Dividend ETF by 6.1% during the 1st quarter. Centaurus Financial Inc. now owns 207,668 shares of the company’s stock valued at $8,199,000 after acquiring an additional 11,898 shares in the last quarter.

SPDR S&P Emerging Markets Dividend ETF Trading Down 0.4%

Shares of NYSEARCA:EDIV opened at $40.44 on Friday. SPDR S&P Emerging Markets Dividend ETF has a 12-month low of $37.85 and a 12-month high of $43.49. The business’s fifty day simple moving average is $40.71 and its 200-day simple moving average is $41.14. The company has a market capitalization of $1.17 billion, a PE ratio of 11.82 and a beta of 0.50.

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.