Drake & Associates LLC Acquires 9,534 Shares of SPDR S&P Emerging Markets Dividend ETF $EDIV

Drake & Associates LLC increased its holdings in shares of SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) by 4.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 238,741 shares of the company’s stock after purchasing an additional 9,534 shares during the quarter. SPDR S&P Emerging Markets Dividend ETF accounts for 2.2% of Drake & Associates LLC’s portfolio, making the stock its 14th biggest holding. Drake & Associates LLC owned about 1.13% of SPDR S&P Emerging Markets Dividend ETF worth $9,101,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Silver Oak Securities Incorporated lifted its stake in SPDR S&P Emerging Markets Dividend ETF by 2.4% during the 1st quarter. Silver Oak Securities Incorporated now owns 23,515 shares of the company’s stock valued at $843,000 after acquiring an additional 561 shares during the period. Financial Advisory Partners LLC raised its holdings in shares of SPDR S&P Emerging Markets Dividend ETF by 11.2% during the second quarter. Financial Advisory Partners LLC now owns 9,832 shares of the company’s stock valued at $375,000 after purchasing an additional 993 shares during the last quarter. Noble Wealth Management PBC raised its holdings in shares of SPDR S&P Emerging Markets Dividend ETF by 60.0% during the first quarter. Noble Wealth Management PBC now owns 3,200 shares of the company’s stock valued at $114,000 after purchasing an additional 1,200 shares during the last quarter. Stratos Wealth Partners LTD. lifted its position in SPDR S&P Emerging Markets Dividend ETF by 11.9% during the first quarter. Stratos Wealth Partners LTD. now owns 11,511 shares of the company’s stock valued at $411,000 after purchasing an additional 1,223 shares during the period. Finally, Creative Financial Designs Inc. ADV boosted its holdings in SPDR S&P Emerging Markets Dividend ETF by 1.2% in the first quarter. Creative Financial Designs Inc. ADV now owns 110,117 shares of the company’s stock worth $3,931,000 after purchasing an additional 1,292 shares during the last quarter.

SPDR S&P Emerging Markets Dividend ETF Stock Performance

NYSEARCA:EDIV opened at $38.74 on Tuesday. The company has a market cap of $892.96 million, a PE ratio of 10.27 and a beta of 0.66. The company has a 50 day simple moving average of $38.79 and a two-hundred day simple moving average of $37.74. SPDR S&P Emerging Markets Dividend ETF has a 12 month low of $32.36 and a 12 month high of $40.13.

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.