SPDR S&P Emerging Markets Dividend ETF $EDIV Shares Bought by Drake & Associates LLC

Drake & Associates LLC raised its position in shares of SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) by 12.6% in the fourth quarter, Holdings Channel.com reports. The fund owned 310,725 shares of the company’s stock after acquiring an additional 34,729 shares during the quarter. SPDR S&P Emerging Markets Dividend ETF makes up approximately 2.4% of Drake & Associates LLC’s portfolio, making the stock its 14th biggest holding. Drake & Associates LLC’s holdings in SPDR S&P Emerging Markets Dividend ETF were worth $12,165,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Private Trust Co. NA boosted its stake in shares of SPDR S&P Emerging Markets Dividend ETF by 10.0% in the fourth quarter. Private Trust Co. NA now owns 2,742 shares of the company’s stock worth $107,000 after acquiring an additional 250 shares during the last quarter. InTrack Investment Management Inc raised its stake in SPDR S&P Emerging Markets Dividend ETF by 3.4% in the 4th quarter. InTrack Investment Management Inc now owns 8,228 shares of the company’s stock valued at $322,000 after purchasing an additional 271 shares during the last quarter. Cowa LLC raised its stake in SPDR S&P Emerging Markets Dividend ETF by 5.1% in the 3rd quarter. Cowa LLC now owns 6,406 shares of the company’s stock valued at $249,000 after purchasing an additional 309 shares during the last quarter. Stratos Wealth Partners LTD. raised its stake in SPDR S&P Emerging Markets Dividend ETF by 3.4% in the 4th quarter. Stratos Wealth Partners LTD. now owns 11,780 shares of the company’s stock valued at $461,000 after purchasing an additional 386 shares during the last quarter. Finally, Summit Global Investments lifted its holdings in SPDR S&P Emerging Markets Dividend ETF by 0.6% in the 4th quarter. Summit Global Investments now owns 62,446 shares of the company’s stock valued at $2,445,000 after purchasing an additional 390 shares in the last quarter.

SPDR S&P Emerging Markets Dividend ETF Stock Up 0.1%

Shares of EDIV opened at $41.63 on Friday. SPDR S&P Emerging Markets Dividend ETF has a 52-week low of $36.94 and a 52-week high of $43.49. The firm’s fifty day moving average is $41.25 and its two-hundred day moving average is $40.63. The stock has a market cap of $1.24 billion, a PE ratio of 10.27 and a beta of 0.48.

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.