Manchester Financial Inc. Has $1.20 Million Stock Position in SPDR S&P Emerging Markets Dividend ETF $EDIV

Manchester Financial Inc. increased its position in shares of SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) by 90.3% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 31,372 shares of the company’s stock after buying an additional 14,884 shares during the quarter. Manchester Financial Inc.’s holdings in SPDR S&P Emerging Markets Dividend ETF were worth $1,196,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Cetera Investment Advisers raised its stake in SPDR S&P Emerging Markets Dividend ETF by 2.6% during the 1st quarter. Cetera Investment Advisers now owns 1,267,904 shares of the company’s stock worth $45,264,000 after buying an additional 32,430 shares during the period. LPL Financial LLC increased its holdings in SPDR S&P Emerging Markets Dividend ETF by 12.0% during the 1st quarter. LPL Financial LLC now owns 853,638 shares of the company’s stock worth $30,475,000 after purchasing an additional 91,519 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in SPDR S&P Emerging Markets Dividend ETF by 15.8% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 308,505 shares of the company’s stock worth $11,014,000 after purchasing an additional 42,170 shares in the last quarter. Royal Bank of Canada increased its holdings in SPDR S&P Emerging Markets Dividend ETF by 3.3% during the 1st quarter. Royal Bank of Canada now owns 305,072 shares of the company’s stock worth $10,890,000 after purchasing an additional 9,625 shares in the last quarter. Finally, Raymond James Financial Inc. increased its holdings in SPDR S&P Emerging Markets Dividend ETF by 2.6% during the 1st quarter. Raymond James Financial Inc. now owns 280,148 shares of the company’s stock worth $10,001,000 after purchasing an additional 7,218 shares in the last quarter.

SPDR S&P Emerging Markets Dividend ETF Stock Performance

Shares of EDIV opened at $38.52 on Friday. The stock has a 50 day moving average price of $38.82 and a two-hundred day moving average price of $37.87. The firm has a market capitalization of $893.66 million, a P/E 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.

SPDR S&P Emerging Markets Dividend ETF 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.