Wedbush Securities Inc. Acquires Shares of 13,459 SPDR S&P Emerging Markets Dividend ETF $EDIV

Wedbush Securities Inc. acquired a new position in shares of SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 13,459 shares of the company’s stock, valued at approximately $513,000.

Several other hedge funds also recently made changes to their positions in EDIV. Rosenberg Matthew Hamilton acquired a new position in shares of SPDR S&P Emerging Markets Dividend ETF during the second quarter worth about $48,000. Bank of Montreal Can lifted its position in SPDR S&P Emerging Markets Dividend ETF by 58.3% in the second quarter. Bank of Montreal Can now owns 1,380 shares of the company’s stock valued at $53,000 after purchasing an additional 508 shares during the period. Advisors Preferred LLC purchased a new stake in SPDR S&P Emerging Markets Dividend ETF in the 1st quarter valued at approximately $63,000. Kovack Advisors Inc. acquired a new position in SPDR S&P Emerging Markets Dividend ETF during the 2nd quarter worth approximately $208,000. Finally, InTrack Investment Management Inc acquired a new position in SPDR S&P Emerging Markets Dividend ETF during the 2nd quarter worth approximately $288,000.

SPDR S&P Emerging Markets Dividend ETF Trading Up 0.5%

Shares of EDIV stock opened at $39.17 on Wednesday. The stock has a 50 day simple moving average of $38.82 and a 200-day simple moving average of $38.42. The company has a market cap of $922.45 million, a price-to-earnings ratio of 10.27 and a beta of 0.52. SPDR S&P Emerging Markets Dividend ETF has a 12-month low of $32.36 and a 12-month 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.