Concurrent Investment Advisors LLC Sells 5,858 Shares of SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV)

Concurrent Investment Advisors LLC trimmed its holdings in shares of SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) by 2.3% in the 4th quarter, Holdings Channel reports. The firm owned 253,598 shares of the company’s stock after selling 5,858 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in SPDR S&P Emerging Markets Dividend ETF were worth $8,946,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Synergy Asset Management LLC bought a new stake in shares of SPDR S&P Emerging Markets Dividend ETF during the fourth quarter worth $25,000. National Bank of Canada FI lifted its position in shares of SPDR S&P Emerging Markets Dividend ETF by 88.3% during the third quarter. National Bank of Canada FI now owns 1,461 shares of the company’s stock worth $55,000 after purchasing an additional 685 shares during the last quarter. Capital Investment Advisory Services LLC raised its holdings in shares of SPDR S&P Emerging Markets Dividend ETF by 173.7% in the fourth quarter. Capital Investment Advisory Services LLC now owns 1,478 shares of the company’s stock valued at $52,000 after acquiring an additional 938 shares in the last quarter. US Bancorp DE raised its holdings in shares of SPDR S&P Emerging Markets Dividend ETF by 124.7% in the third quarter. US Bancorp DE now owns 1,499 shares of the company’s stock valued at $56,000 after acquiring an additional 832 shares in the last quarter. Finally, FMR LLC raised its holdings in shares of SPDR S&P Emerging Markets Dividend ETF by 122.0% in the third quarter. FMR LLC now owns 1,880 shares of the company’s stock valued at $71,000 after acquiring an additional 1,033 shares in the last quarter.

SPDR S&P Emerging Markets Dividend ETF Price Performance

EDIV stock opened at $36.37 on Thursday. The business has a 50-day moving average price of $35.35 and a 200 day moving average price of $36.00. The company has a market capitalization of $429.17 million, a P/E ratio of 8.45 and a beta of 0.62. SPDR S&P Emerging Markets Dividend ETF has a 1-year low of $32.37 and a 1-year high of $39.23.

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.