Cape Investment Advisory Inc. Takes $26,000 Position in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV)

Cape Investment Advisory Inc. purchased a new stake in shares of SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 728 shares of the company’s stock, valued at approximately $26,000.

Several other hedge funds have also added to or reduced their stakes in EDIV. Creative Planning acquired a new stake in SPDR S&P Emerging Markets Dividend ETF during the 3rd quarter valued at $242,000. US Bancorp DE lifted its holdings in SPDR S&P Emerging Markets Dividend ETF by 124.7% during the 3rd quarter. US Bancorp DE now owns 1,499 shares of the company’s stock valued at $56,000 after purchasing an additional 832 shares during the last quarter. Trademark Financial Management LLC acquired a new stake in SPDR S&P Emerging Markets Dividend ETF during the 3rd quarter valued at $1,587,000. Able Wealth Management LLC lifted its holdings in SPDR S&P Emerging Markets Dividend ETF by 21.6% during the 3rd quarter. Able Wealth Management LLC now owns 25,198 shares of the company’s stock valued at $949,000 after purchasing an additional 4,470 shares during the last quarter. Finally, Bond & Devick Financial Network Inc. acquired a new stake in shares of SPDR S&P Emerging Markets Dividend ETF during the third quarter worth $3,065,000.

SPDR S&P Emerging Markets Dividend ETF Stock Performance

EDIV opened at $35.70 on Tuesday. SPDR S&P Emerging Markets Dividend ETF has a fifty-two week low of $32.37 and a fifty-two week high of $39.23. The company has a market capitalization of $578.34 million, a P/E ratio of 9.82 and a beta of 0.70. The stock has a fifty day moving average of $35.48 and a 200-day moving average of $36.08.

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.