SPDR S&P Emerging Markets Dividend ETF $EDIV Shares Purchased by Cassia Capital Partners LLC

Cassia Capital Partners LLC lifted its holdings in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) by 706.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 102,382 shares of the company’s stock after buying an additional 89,682 shares during the period. SPDR S&P Emerging Markets Dividend ETF makes up 2.1% of Cassia Capital Partners LLC’s holdings, making the stock its 11th biggest position. Cassia Capital Partners LLC owned 0.35% of SPDR S&P Emerging Markets Dividend ETF worth $4,042,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Bank of America Corp DE raised its position in SPDR S&P Emerging Markets Dividend ETF by 97.9% in the second quarter. Bank of America Corp DE now owns 589,465 shares of the company’s stock valued at $22,470,000 after purchasing an additional 291,639 shares during the period. WCG Wealth Advisors LLC acquired a new position in SPDR S&P Emerging Markets Dividend ETF during the 4th quarter worth $9,434,000. Keudell Morrison Wealth Management purchased a new stake in shares of SPDR S&P Emerging Markets Dividend ETF during the first quarter worth approximately $8,338,000. LPL Financial LLC increased its position in shares of SPDR S&P Emerging Markets Dividend ETF by 13.7% in the 4th quarter. LPL Financial LLC now owns 1,484,931 shares of the company’s stock valued at $58,135,000 after purchasing an additional 179,405 shares during the last quarter. Finally, Comprehensive Wealth Management LLC raised its stake in SPDR S&P Emerging Markets Dividend ETF by 98.9% in the fourth quarter. Comprehensive Wealth Management LLC now owns 342,459 shares of the company’s stock valued at $13,407,000 after buying an additional 170,273 shares in the last quarter.

SPDR S&P Emerging Markets Dividend ETF Stock Down 0.4%

Shares of EDIV opened at $40.78 on Thursday. SPDR S&P Emerging Markets Dividend ETF has a 52-week low of $37.81 and a 52-week high of $43.49. The stock has a 50 day moving average price of $41.18 and a 200 day moving average price of $40.75. The company has a market capitalization of $1.21 billion, a price-to-earnings ratio of 10.27 and a beta of 0.48.

SPDR S&P Emerging Markets Dividend ETF Company 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.