Plan Group Financial LLC Buys 30,195 Shares of SPDR S&P Emerging Markets Dividend ETF $EDIV

Plan Group Financial LLC lifted its stake in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) by 18.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 194,993 shares of the company’s stock after purchasing an additional 30,195 shares during the quarter. SPDR S&P Emerging Markets Dividend ETF accounts for about 2.0% of Plan Group Financial LLC’s investment portfolio, making the stock its 9th largest holding. Plan Group Financial LLC owned 0.73% of SPDR S&P Emerging Markets Dividend ETF worth $7,634,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Raleigh Capital Management Inc. acquired a new position in shares of SPDR S&P Emerging Markets Dividend ETF in the fourth quarter worth about $40,000. Trust Co. of Vermont boosted its stake in SPDR S&P Emerging Markets Dividend ETF by 165.1% in the 4th quarter. Trust Co. of Vermont now owns 1,670 shares of the company’s stock worth $65,000 after purchasing an additional 1,040 shares during the period. Ballast Advisors LLC purchased a new position in SPDR S&P Emerging Markets Dividend ETF during the 3rd quarter worth approximately $99,000. Private Trust Co. NA grew its position in SPDR S&P Emerging Markets Dividend ETF by 10.0% during the 4th quarter. Private Trust Co. NA now owns 2,742 shares of the company’s stock worth $107,000 after purchasing an additional 250 shares in the last quarter. Finally, Accordant Advisory Group Inc raised its stake in SPDR S&P Emerging Markets Dividend ETF by 111.9% during the 4th quarter. Accordant Advisory Group Inc now owns 5,396 shares of the company’s stock valued at $211,000 after purchasing an additional 2,849 shares during the period.

SPDR S&P Emerging Markets Dividend ETF Stock Up 1.4%

EDIV opened at $41.65 on Thursday. The firm has a market capitalization of $1.24 billion, a P/E ratio of 10.27 and a beta of 0.48. The stock has a fifty day moving average of $40.54 and a 200-day moving average of $40.05. SPDR S&P Emerging Markets Dividend ETF has a 12-month low of $36.94 and a 12-month high of $43.49.

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.