Tower Wealth Partners Inc. Raises Holdings in SPDR S&P Emerging Markets Dividend ETF $EDIV

Tower Wealth Partners Inc. lifted its stake in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) by 1.9% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 158,944 shares of the company’s stock after acquiring an additional 2,926 shares during the period. SPDR S&P Emerging Markets Dividend ETF accounts for about 3.6% of Tower Wealth Partners Inc.’s investment portfolio, making the stock its 8th largest position. Tower Wealth Partners Inc. owned approximately 0.76% of SPDR S&P Emerging Markets Dividend ETF worth $6,059,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Rosenberg Matthew Hamilton bought a new position in shares of SPDR S&P Emerging Markets Dividend ETF in the 2nd quarter valued at approximately $48,000. Advisors Preferred LLC bought a new position in shares of SPDR S&P Emerging Markets Dividend ETF in the 1st quarter valued at approximately $63,000. Roman Butler Fullerton & Co. bought a new position in shares of SPDR S&P Emerging Markets Dividend ETF in the first quarter worth about $234,000. InTrack Investment Management Inc bought a new position in shares of SPDR S&P Emerging Markets Dividend ETF in the second quarter worth about $288,000. Finally, Capital Investment Advisory Services LLC increased its stake in shares of SPDR S&P Emerging Markets Dividend ETF by 493.7% in the first quarter. Capital Investment Advisory Services LLC now owns 8,775 shares of the company’s stock worth $313,000 after purchasing an additional 7,297 shares during the period.

SPDR S&P Emerging Markets Dividend ETF Stock Performance

SPDR S&P Emerging Markets Dividend ETF stock opened at $38.44 on Thursday. The business’s 50-day simple moving average is $38.82 and its 200-day simple moving average is $37.83. The firm has a market capitalization of $891.81 million, a PE ratio of 10.27 and a beta of 0.66. SPDR S&P Emerging Markets Dividend ETF has a 52 week low of $32.36 and a 52 week 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.