SPDR DoubleLine Emerging Markets Fixed Income ETF (BATS:EMTL) Plans Dividend Increase – $0.19 Per Share

SPDR DoubleLine Emerging Markets Fixed Income ETF (BATS:EMTL) declared a dividend on Thursday, March 28th, NASDAQ reports. Stockholders of record on Tuesday, April 2nd will be paid a dividend of 0.1896 per share on Friday, April 5th. The ex-dividend date is Monday, April 1st. This is a boost from SPDR DoubleLine Emerging Markets Fixed Income ETF’s previous dividend of $0.18.

SPDR DoubleLine Emerging Markets Fixed Income ETF Trading Down 0.2 %

Shares of EMTL stock traded down $0.09 during mid-day trading on Friday, reaching $42.19. The company’s stock had a trading volume of 5,981 shares. SPDR DoubleLine Emerging Markets Fixed Income ETF has a 1-year low of $49.24 and a 1-year high of $52.27. The firm’s 50-day moving average is $42.02 and its two-hundred day moving average is $41.06.

Institutional Investors Weigh In On SPDR DoubleLine Emerging Markets Fixed Income ETF

A hedge fund recently raised its stake in SPDR DoubleLine Emerging Markets Fixed Income ETF stock. Bank of New York Mellon Corp increased its position in shares of SPDR DoubleLine Emerging Markets Fixed Income ETF (BATS:EMTL) by 8.7% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 165,726 shares of the company’s stock after purchasing an additional 13,323 shares during the quarter. Bank of New York Mellon Corp’s holdings in SPDR DoubleLine Emerging Markets Fixed Income ETF were worth $7,563,000 at the end of the most recent quarter.

About SPDR DoubleLine Emerging Markets Fixed Income ETF

The SPDR DoubleLine Emerging Markets Fixed Income ETF (EMTL) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed and has broad capabilities to invest in investment grade and high-yield emerging market debt. EMTL was launched on Apr 13, 2016 and is managed by State Street.