SPDR S&P Emerging Markets Dividend ETF $EDIV Stock Sold by Titleist Asset Management LLC

Titleist Asset Management LLC cut its stake in shares of SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) by 67.9% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 57,642 shares of the company’s stock after selling 121,879 shares during the quarter. Titleist Asset Management LLC’s holdings in SPDR S&P Emerging Markets Dividend ETF were worth $2,315,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. Bogart Wealth LLC acquired a new stake in shares of SPDR S&P Emerging Markets Dividend ETF during the first quarter worth approximately $39,000. Commonwealth Retirement Investments LLC bought a new stake in shares of SPDR S&P Emerging Markets Dividend ETF in the fourth quarter valued at about $43,000. Fifth Third Bancorp acquired a new position in SPDR S&P Emerging Markets Dividend ETF during the first quarter valued at approximately $101,000. Compass Financial Management LLC bought a new stake in shares of SPDR S&P Emerging Markets Dividend ETF during the second quarter worth about $108,000. Finally, Advisors Preferred LLC acquired a new position in SPDR S&P Emerging Markets Dividend ETF in the first quarter valued at $188,000.

SPDR S&P Emerging Markets Dividend ETF Trading Down 0.7%

Shares of EDIV stock traded down $0.26 during trading hours on Thursday, hitting $39.69. 36,513 shares of the company were exchanged, compared to its average volume of 149,650. The firm has a fifty day simple moving average of $41.46 and a 200 day simple moving average of $41.18. The stock has a market capitalization of $1.16 billion, a price-to-earnings ratio of 10.27 and a beta of 0.48. SPDR S&P Emerging Markets Dividend ETF has a 52-week low of $37.81 and a 52-week high of $43.49.

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.