Smartleaf Asset Management LLC Acquires 1,993 Shares of SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV)

Smartleaf Asset Management LLC lifted its position in shares of SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) by 14.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,039 shares of the company’s stock after buying an additional 1,993 shares during the quarter. Smartleaf Asset Management LLC’s holdings in SPDR S&P Emerging Markets Dividend ETF were worth $566,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Financial Advisory Partners LLC grew its position in shares of SPDR S&P Emerging Markets Dividend ETF by 6.3% during the 4th quarter. Financial Advisory Partners LLC now owns 7,668 shares of the company’s stock worth $270,000 after buying an additional 456 shares in the last quarter. Synergy Asset Management LLC bought a new position in shares of SPDR S&P Emerging Markets Dividend ETF during the 4th quarter worth $25,000. National Bank of Canada FI grew its position in shares of SPDR S&P Emerging Markets Dividend ETF by 88.3% during the 3rd quarter. National Bank of Canada FI now owns 1,461 shares of the company’s stock worth $55,000 after buying an additional 685 shares in the last quarter. Cape Investment Advisory Inc. bought a new position in shares of SPDR S&P Emerging Markets Dividend ETF during the 4th quarter worth $26,000. Finally, US Bancorp DE grew its position in shares of SPDR S&P Emerging Markets Dividend ETF by 50.4% during the 4th quarter. US Bancorp DE now owns 2,255 shares of the company’s stock worth $80,000 after buying an additional 756 shares in the last quarter.

SPDR S&P Emerging Markets Dividend ETF Price Performance

EDIV opened at $35.70 on Tuesday. The business’s 50-day moving average is $35.48 and its two-hundred day moving average is $36.08. SPDR S&P Emerging Markets Dividend ETF has a 1 year low of $32.37 and a 1 year high of $39.23. The firm has a market capitalization of $578.34 million, a PE ratio of 9.82 and a beta of 0.70.

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.