Able Wealth Management LLC Decreases Stock Holdings in SPDR S&P Emerging Markets Dividend ETF $EDIV

Able Wealth Management LLC reduced its stake in shares of SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) by 47.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 57,924 shares of the company’s stock after selling 51,863 shares during the quarter. Able Wealth Management LLC’s holdings in SPDR S&P Emerging Markets Dividend ETF were worth $2,287,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. acquired a new stake in shares of SPDR S&P Emerging Markets Dividend ETF during the 4th quarter valued at approximately $25,000. Raleigh Capital Management Inc. purchased a new position in SPDR S&P Emerging Markets Dividend ETF in the 4th quarter valued at approximately $40,000. Commonwealth Retirement Investments LLC purchased a new position in SPDR S&P Emerging Markets Dividend ETF in the 4th quarter valued at approximately $43,000. Trust Co. of Vermont raised its holdings in SPDR S&P Emerging Markets Dividend ETF by 165.1% during the fourth quarter. Trust Co. of Vermont now owns 1,670 shares of the company’s stock worth $65,000 after purchasing an additional 1,040 shares during the last quarter. Finally, Private Trust Co. NA raised its holdings in SPDR S&P Emerging Markets Dividend ETF by 10.0% during the fourth quarter. Private Trust Co. NA now owns 2,742 shares of the company’s stock worth $107,000 after purchasing an additional 250 shares during the last quarter.

SPDR S&P Emerging Markets Dividend ETF Stock Performance

EDIV opened at $40.78 on Thursday. The business’s fifty day moving average is $41.18 and its two-hundred day moving average is $40.75. The company has a market cap 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 has a one year low of $37.81 and a one year high of $43.49.

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.