Concurrent Investment Advisors LLC Trims Stock Position in SPDR S&P Emerging Markets Dividend ETF $EDIV

Concurrent Investment Advisors LLC lessened its holdings in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) by 2.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 242,807 shares of the company’s stock after selling 6,684 shares during the period. Concurrent Investment Advisors LLC’s holdings in SPDR S&P Emerging Markets Dividend ETF were worth $9,256,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. InTrack Investment Management Inc purchased a new stake in shares of SPDR S&P Emerging Markets Dividend ETF in the second quarter valued at about $288,000. Drake & Associates LLC lifted its holdings in shares of SPDR S&P Emerging Markets Dividend ETF by 4.2% in the second quarter. Drake & Associates LLC now owns 238,741 shares of the company’s stock valued at $9,101,000 after purchasing an additional 9,534 shares in the last quarter. Three Cord True Wealth Management LLC lifted its holdings in shares of SPDR S&P Emerging Markets Dividend ETF by 6.5% in the second quarter. Three Cord True Wealth Management LLC now owns 164,494 shares of the company’s stock valued at $6,270,000 after purchasing an additional 10,076 shares in the last quarter. USAdvisors Wealth Management LLC lifted its holdings in shares of SPDR S&P Emerging Markets Dividend ETF by 3.3% in the second quarter. USAdvisors Wealth Management LLC now owns 48,447 shares of the company’s stock valued at $1,848,000 after purchasing an additional 1,570 shares in the last quarter. Finally, Ameritas Advisory Services LLC purchased a new stake in shares of SPDR S&P Emerging Markets Dividend ETF in the second quarter valued at about $1,215,000.

SPDR S&P Emerging Markets Dividend ETF Stock Performance

Shares of EDIV opened at $37.81 on Friday. The company has a market capitalization of $871.52 million, a price-to-earnings ratio of 10.27 and a beta of 0.66. The company’s 50 day simple moving average is $38.81 and its 200 day simple moving average is $37.79. SPDR S&P Emerging Markets Dividend ETF has a 1 year low of $32.36 and a 1 year high of $40.13.

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.