Royal Bank of Canada Buys 28,451 Shares of SPDR S&P Emerging Markets Dividend ETF $EDIV

Royal Bank of Canada grew its stake in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) by 7.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 386,601 shares of the company’s stock after buying an additional 28,451 shares during the period. Royal Bank of Canada’s holdings in SPDR S&P Emerging Markets Dividend ETF were worth $15,263,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. PNC Financial Services Group Inc. acquired a new stake in SPDR S&P Emerging Markets Dividend ETF during the 4th quarter valued at approximately $25,000. Bogart Wealth LLC acquired a new position in shares of SPDR S&P Emerging Markets Dividend ETF in the 1st quarter worth approximately $39,000. Commonwealth Retirement Investments LLC acquired a new position in shares of SPDR S&P Emerging Markets Dividend ETF in the 4th quarter worth approximately $43,000. Fifth Third Bancorp bought a new stake in shares of SPDR S&P Emerging Markets Dividend ETF in the 1st quarter valued at $101,000. Finally, Private Trust Co. NA increased its position in shares of SPDR S&P Emerging Markets Dividend ETF by 10.0% during the fourth quarter. Private Trust Co. NA now owns 2,742 shares of the company’s stock worth $107,000 after buying an additional 250 shares during the period.

SPDR S&P Emerging Markets Dividend ETF Stock Up 0.8%

Shares of NYSEARCA EDIV opened at $41.85 on Friday. The company has a market capitalization of $1.23 billion, a PE ratio of 10.27 and a beta of 0.48. SPDR S&P Emerging Markets Dividend ETF has a twelve month low of $37.81 and a twelve month high of $43.49. The firm has a fifty day simple moving average of $41.47 and a 200 day simple moving average of $41.18.

SPDR S&P Emerging Markets Dividend ETF 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.