Commonwealth Equity Services LLC Raises Stock Holdings in SPDR S&P Emerging Markets Dividend ETF $EDIV

Commonwealth Equity Services LLC boosted its holdings in shares of SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) by 11.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 149,234 shares of the company’s stock after purchasing an additional 15,781 shares during the quarter. Commonwealth Equity Services LLC owned approximately 0.55% of SPDR S&P Emerging Markets Dividend ETF worth $5,842,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. PNC Financial Services Group Inc. purchased a new position in SPDR S&P Emerging Markets Dividend ETF during the fourth quarter worth approximately $25,000. Raleigh Capital Management Inc. purchased a new position in SPDR S&P Emerging Markets Dividend ETF during the fourth quarter worth approximately $40,000. Commonwealth Retirement Investments LLC purchased a new position in SPDR S&P Emerging Markets Dividend ETF during the fourth quarter worth approximately $43,000. Trust Co. of Vermont boosted its position in SPDR S&P Emerging Markets Dividend ETF by 165.1% during the fourth 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 in the last quarter. Finally, Ballast Advisors LLC purchased a new position in SPDR S&P Emerging Markets Dividend ETF during the third quarter worth approximately $99,000.

SPDR S&P Emerging Markets Dividend ETF Trading Down 2.3%

Shares of EDIV stock opened at $40.58 on Friday. The company has a market capitalization of $1.21 billion, a P/E ratio of 10.27 and a beta of 0.48. The business’s 50 day moving average is $40.85 and its two-hundred day moving average is $40.43. SPDR S&P Emerging Markets Dividend ETF has a 12-month low of $36.94 and a 12-month high of $43.49.

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.