Sax Wealth Advisors LLC Makes New Investment in SPDR Bloomberg Emerging Markets Local Bond ETF $EBND

Sax Wealth Advisors LLC acquired a new stake in SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 347,657 shares of the company’s stock, valued at approximately $7,429,000.

Several other large investors have also recently made changes to their positions in the business. D.A. Davidson & CO. bought a new position in SPDR Bloomberg Emerging Markets Local Bond ETF during the third quarter valued at about $577,000. Osaic Holdings Inc. increased its holdings in SPDR Bloomberg Emerging Markets Local Bond ETF by 343.7% during the second quarter. Osaic Holdings Inc. now owns 76,668 shares of the company’s stock worth $1,578,000 after buying an additional 59,387 shares during the last quarter. Cetera Investment Advisers raised its position in SPDR Bloomberg Emerging Markets Local Bond ETF by 10.3% in the second quarter. Cetera Investment Advisers now owns 86,875 shares of the company’s stock worth $1,859,000 after acquiring an additional 8,097 shares during the period. Valtinson Bruner Financial Planning LLC bought a new stake in SPDR Bloomberg Emerging Markets Local Bond ETF in the third quarter worth about $1,407,000. Finally, NewSquare Capital LLC purchased a new position in SPDR Bloomberg Emerging Markets Local Bond ETF in the third quarter valued at about $7,756,000.

SPDR Bloomberg Emerging Markets Local Bond ETF Price Performance

SPDR Bloomberg Emerging Markets Local Bond ETF stock opened at $20.68 on Thursday. SPDR Bloomberg Emerging Markets Local Bond ETF has a twelve month low of $19.50 and a twelve month high of $21.94. The firm has a 50 day moving average price of $21.44 and a 200-day moving average price of $21.36.

SPDR Bloomberg Emerging Markets Local Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a $0.0909 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 5.3%.

About SPDR Bloomberg Emerging Markets Local Bond ETF

SPDR Barclays Emerging Markets Local Bond ETF (Fund) seeks to provide investment results that correspond to the price and yield performance of the Index that tracks the fixed-rate local currency sovereign debt of emerging market countries. The Index is designed to measure the performance of the fixed-rate local currency sovereign debt of emerging market countries. The Index includes government bonds issued by countries outside the United States, in local currencies, that have a remaining maturity of one year or more and are rated B3/B-/B- or higher using the middle rating of Moody’s Investor Service, Inc, Standard & Poor’s, Inc and Fitch Inc SSgA Funds Management, Inc serves as the investment adviser to the Fund.