Savvy Advisors Inc. Buys New Stake in SPDR S&P Emerging Markets Dividend ETF $EDIV

Savvy Advisors Inc. bought a new stake in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 19,669 shares of the company’s stock, valued at approximately $770,000. Savvy Advisors Inc. owned approximately 0.08% of SPDR S&P Emerging Markets Dividend ETF as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Jane Street Group LLC lifted its stake in shares of SPDR S&P Emerging Markets Dividend ETF by 1,501.9% during the 1st quarter. Jane Street Group LLC now owns 95,043 shares of the company’s stock worth $3,393,000 after purchasing an additional 89,110 shares during the period. Creative Planning lifted its stake in shares of SPDR S&P Emerging Markets Dividend ETF by 9.2% during the 2nd quarter. Creative Planning now owns 8,287 shares of the company’s stock worth $316,000 after purchasing an additional 700 shares during the period. Ameriprise Financial Inc. lifted its stake in shares of SPDR S&P Emerging Markets Dividend ETF by 81.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 85,521 shares of the company’s stock worth $3,254,000 after purchasing an additional 38,298 shares during the period. Bank of America Corp DE lifted its stake in shares of SPDR S&P Emerging Markets Dividend ETF by 97.9% during the 2nd quarter. Bank of America Corp DE now owns 589,465 shares of the company’s stock worth $22,470,000 after purchasing an additional 291,639 shares during the period. Finally, MML Investors Services LLC lifted its stake in shares of SPDR S&P Emerging Markets Dividend ETF by 78.6% during the 2nd quarter. MML Investors Services LLC now owns 109,242 shares of the company’s stock worth $4,164,000 after purchasing an additional 48,061 shares during the period.

SPDR S&P Emerging Markets Dividend ETF Trading Down 0.0%

Shares of EDIV opened at $39.56 on Wednesday. The firm has a market capitalization of $1.16 billion, a P/E ratio of 10.27 and a beta of 0.51. The stock’s fifty day simple moving average is $40.93 and its 200 day simple moving average is $39.73. SPDR S&P Emerging Markets Dividend ETF has a twelve month low of $32.36 and a twelve month 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.