Titleist Asset Management LLC Boosts Stock Position in SPDR S&P Emerging Markets Dividend ETF $EDIV

Titleist Asset Management LLC raised its stake in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) by 46.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 139,293 shares of the company’s stock after purchasing an additional 43,861 shares during the quarter. Titleist Asset Management LLC’s holdings in SPDR S&P Emerging Markets Dividend ETF were worth $5,412,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Cetera Investment Advisers lifted its holdings in shares of SPDR S&P Emerging Markets Dividend ETF by 6.1% during the second quarter. Cetera Investment Advisers now owns 1,345,538 shares of the company’s stock worth $51,292,000 after purchasing an additional 77,634 shares during the period. Bank of America Corp DE increased its stake in SPDR S&P Emerging Markets Dividend ETF by 97.9% in the 2nd quarter. Bank of America Corp DE now owns 589,465 shares of the company’s stock valued at $22,470,000 after buying an additional 291,639 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in SPDR S&P Emerging Markets Dividend ETF by 27.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 392,923 shares of the company’s stock valued at $14,978,000 after buying an additional 84,418 shares during the period. AE Wealth Management LLC raised its position in SPDR S&P Emerging Markets Dividend ETF by 5.8% during the 3rd quarter. AE Wealth Management LLC now owns 305,902 shares of the company’s stock worth $11,884,000 after buying an additional 16,778 shares during the last quarter. Finally, swisspartners Advisors Ltd raised its position in SPDR S&P Emerging Markets Dividend ETF by 12.4% during the 3rd quarter. swisspartners Advisors Ltd now owns 262,510 shares of the company’s stock worth $10,223,000 after buying an additional 28,860 shares during the last quarter.

SPDR S&P Emerging Markets Dividend ETF Stock Down 0.1%

Shares of NYSEARCA:EDIV opened at $41.35 on Thursday. The company has a market cap of $1.12 billion, a price-to-earnings ratio of 10.27 and a beta of 0.52. The firm’s 50-day simple moving average is $39.72 and its 200-day simple moving average is $39.09. SPDR S&P Emerging Markets Dividend ETF has a fifty-two week low of $32.36 and a fifty-two week high of $42.06.

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.