Cetera Investment Advisers Buys 56,815 Shares of SPDR S&P Emerging Markets Dividend ETF $EDIV

Cetera Investment Advisers boosted its stake in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) by 3.9% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,523,559 shares of the company’s stock after purchasing an additional 56,815 shares during the quarter. Cetera Investment Advisers owned about 5.11% of SPDR S&P Emerging Markets Dividend ETF worth $60,150,000 as of its most recent SEC filing.

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

SPDR S&P Emerging Markets Dividend ETF Price Performance

NYSEARCA EDIV opened at $41.54 on Friday. The stock has a market capitalization of $1.22 billion, a PE ratio of 10.27 and a beta of 0.48. The business has a 50 day simple moving average of $41.39 and a two-hundred day simple moving average of $41.05. SPDR S&P Emerging Markets Dividend ETF has a 1-year low of $37.81 and a 1-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.