Able Wealth Management LLC Acquires 4,470 Shares of SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV)

Able Wealth Management LLC boosted its holdings in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) by 21.6% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 25,198 shares of the company’s stock after acquiring an additional 4,470 shares during the quarter. Able Wealth Management LLC’s holdings in SPDR S&P Emerging Markets Dividend ETF were worth $949,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Trademark Financial Management LLC purchased a new stake in shares of SPDR S&P Emerging Markets Dividend ETF in the third quarter worth approximately $1,587,000. swisspartners Advisors Ltd bought a new stake in SPDR S&P Emerging Markets Dividend ETF during the third quarter worth $8,069,000. Tower Wealth Partners Inc. raised its position in SPDR S&P Emerging Markets Dividend ETF by 0.4% in the 3rd quarter. Tower Wealth Partners Inc. now owns 150,121 shares of the company’s stock valued at $5,655,000 after buying an additional 575 shares during the last quarter. Gladstone Institutional Advisory LLC lifted its stake in SPDR S&P Emerging Markets Dividend ETF by 10.8% during the 3rd quarter. Gladstone Institutional Advisory LLC now owns 35,847 shares of the company’s stock valued at $1,350,000 after acquiring an additional 3,502 shares in the last quarter. Finally, US Bancorp DE boosted its holdings in SPDR S&P Emerging Markets Dividend ETF by 124.7% during the 3rd quarter. US Bancorp DE now owns 1,499 shares of the company’s stock worth $56,000 after acquiring an additional 832 shares during the last quarter.

SPDR S&P Emerging Markets Dividend ETF Price Performance

NYSEARCA EDIV opened at $35.97 on Friday. The company has a fifty day moving average price of $36.93 and a 200-day moving average price of $35.90. The firm has a market cap of $424.45 million, a price-to-earnings ratio of 8.45 and a beta of 0.62. SPDR S&P Emerging Markets Dividend ETF has a 1 year low of $29.40 and a 1 year high of $39.23.

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.