NewSquare Capital LLC Makes New Investment in SPDR Bloomberg Emerging Markets Local Bond ETF $EBND

NewSquare Capital LLC acquired a new stake in shares of SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 363,103 shares of the company’s stock, valued at approximately $7,756,000. NewSquare Capital LLC owned about 0.35% of SPDR Bloomberg Emerging Markets Local Bond ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Empower Advisory Group LLC lifted its position in SPDR Bloomberg Emerging Markets Local Bond ETF by 3.8% during the 2nd quarter. Empower Advisory Group LLC now owns 24,148,386 shares of the company’s stock worth $516,775,000 after acquiring an additional 876,462 shares during the period. Bank of America Corp DE raised its stake in shares of SPDR Bloomberg Emerging Markets Local Bond ETF by 29.9% in the second quarter. Bank of America Corp DE now owns 487,775 shares of the company’s stock worth $10,438,000 after purchasing an additional 112,149 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of SPDR Bloomberg Emerging Markets Local Bond ETF by 4.3% in the second quarter. Envestnet Asset Management Inc. now owns 478,821 shares of the company’s stock worth $10,247,000 after purchasing an additional 19,909 shares during the last quarter. SeaBridge Investment Advisors LLC acquired a new stake in shares of SPDR Bloomberg Emerging Markets Local Bond ETF during the third quarter worth about $7,761,000. Finally, Ocean Park Asset Management LLC purchased a new stake in SPDR Bloomberg Emerging Markets Local Bond ETF in the third quarter valued at approximately $7,666,000.

SPDR Bloomberg Emerging Markets Local Bond ETF Trading Up 0.6%

Shares of NYSEARCA:EBND opened at $21.34 on Thursday. SPDR Bloomberg Emerging Markets Local Bond ETF has a twelve month low of $19.50 and a twelve month high of $21.94. The company’s 50 day moving average is $21.60 and its 200 day moving average is $21.40.

SPDR Bloomberg Emerging Markets Local Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd will be paid a $0.0909 dividend. The ex-dividend date is Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 5.1%.

SPDR Bloomberg Emerging Markets Local Bond ETF Profile

SPDR Barclays Emerging Markets Local Bond ETF (Fund) seeks to provide investment results that correspond to the price and yield performance of the Index that tracks the fixed-rate local currency sovereign debt of emerging market countries. The Index is designed to measure the performance of the fixed-rate local currency sovereign debt of emerging market countries. The Index includes government bonds issued by countries outside the United States, in local currencies, that have a remaining maturity of one year or more and are rated B3/B-/B- or higher using the middle rating of Moody’s Investor Service, Inc, Standard & Poor’s, Inc and Fitch Inc SSgA Funds Management, Inc serves as the investment adviser to the Fund.