Raymond James & Associates Lowers Stock Holdings in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV)

Raymond James & Associates reduced its position in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) by 8.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 21,150 shares of the company’s stock after selling 1,903 shares during the quarter. Raymond James & Associates owned 0.27% of SPDR S&P Emerging Markets Dividend ETF worth $688,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. Anchor Investment Management LLC bought a new stake in SPDR S&P Emerging Markets Dividend ETF in the fourth quarter worth $31,000. BluePath Capital Management LLC bought a new stake in shares of SPDR S&P Emerging Markets Dividend ETF in the 3rd quarter valued at about $46,000. IFP Advisors Inc boosted its holdings in SPDR S&P Emerging Markets Dividend ETF by 40,475.0% during the 3rd quarter. IFP Advisors Inc now owns 8,115 shares of the company’s stock valued at $242,000 after acquiring an additional 8,095 shares during the period. Commonwealth Equity Services LLC increased its stake in SPDR S&P Emerging Markets Dividend ETF by 41.0% in the 3rd quarter. Commonwealth Equity Services LLC now owns 10,886 shares of the company’s stock worth $324,000 after purchasing an additional 3,164 shares during the period. Finally, Envestnet Portfolio Solutions Inc. bought a new stake in SPDR S&P Emerging Markets Dividend ETF in the third quarter valued at approximately $353,000.

SPDR S&P Emerging Markets Dividend ETF Trading Up 0.5 %

EDIV stock opened at $33.19 on Thursday. The firm’s 50-day moving average price is $33.37 and its two-hundred day moving average price is $31.86. The stock has a market capitalization of $370.07 million, a price-to-earnings ratio of 8.10 and a beta of 0.64. SPDR S&P Emerging Markets Dividend ETF has a 12-month low of $26.06 and a 12-month high of $34.12.

SPDR S&P Emerging Markets Dividend ETF Company 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.