Premier Path Wealth Partners LLC lifted its stake in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV – Free Report) by 31.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 88,432 shares of the company’s stock after buying an additional 21,318 shares during the period. Premier Path Wealth Partners LLC’s holdings in SPDR S&P Emerging Markets Dividend ETF were worth $3,622,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also modified their holdings of the stock. Bank of America Corp DE boosted its stake in SPDR S&P Emerging Markets Dividend ETF by 76.8% in the 1st quarter. Bank of America Corp DE now owns 1,757,472 shares of the company’s stock valued at $69,385,000 after buying an additional 763,194 shares in the last quarter. Cetera Investment Advisers raised its stake in SPDR S&P Emerging Markets Dividend ETF by 3.9% during the first quarter. Cetera Investment Advisers now owns 1,523,559 shares of the company’s stock worth $60,150,000 after acquiring an additional 56,815 shares in the last quarter. LPL Financial LLC raised its stake in SPDR S&P Emerging Markets Dividend ETF by 13.7% during the fourth quarter. LPL Financial LLC now owns 1,484,931 shares of the company’s stock worth $58,135,000 after acquiring an additional 179,405 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in shares of SPDR S&P Emerging Markets Dividend ETF by 19.3% during the fourth quarter. Wells Fargo & Company MN now owns 982,405 shares of the company’s stock valued at $38,461,000 after acquiring an additional 158,975 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of SPDR S&P Emerging Markets Dividend ETF by 7.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 485,275 shares of the company’s stock valued at $18,998,000 after acquiring an additional 35,336 shares during the period.
SPDR S&P Emerging Markets Dividend ETF Stock Performance
Shares of NYSEARCA:EDIV opened at $42.02 on Friday. The company’s fifty day moving average is $41.70 and its 200-day moving average is $41.23. SPDR S&P Emerging Markets Dividend ETF has a 52 week low of $37.81 and a 52 week high of $43.49. The company has a market capitalization of $1.23 billion, a PE ratio of 10.27 and a beta of 0.48.
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.
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