SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) Shares Sold by Comerica Bank

Comerica Bank lessened its holdings in shares of SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) by 72.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,743 shares of the company’s stock after selling 7,225 shares during the quarter. Comerica Bank’s holdings in SPDR S&P Emerging Markets Dividend ETF were worth $97,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in EDIV. JPMorgan Chase & Co. acquired a new position in shares of SPDR S&P Emerging Markets Dividend ETF during the 3rd quarter valued at about $155,000. RiverTree Advisors LLC grew its holdings in shares of SPDR S&P Emerging Markets Dividend ETF by 85.5% in the fourth quarter. RiverTree Advisors LLC now owns 35,162 shares of the company’s stock valued at $1,240,000 after purchasing an additional 16,206 shares during the period. Rodgers & Associates LTD lifted its position in SPDR S&P Emerging Markets Dividend ETF by 2.9% in the fourth quarter. Rodgers & Associates LTD now owns 52,413 shares of the company’s stock valued at $1,849,000 after buying an additional 1,483 shares during the last quarter. B.O.S.S. Retirement Advisors LLC lifted its position in SPDR S&P Emerging Markets Dividend ETF by 477.3% in the fourth quarter. B.O.S.S. Retirement Advisors LLC now owns 48,928 shares of the company’s stock valued at $1,726,000 after buying an additional 40,453 shares during the last quarter. Finally, Synergy Asset Management LLC acquired a new stake in shares of SPDR S&P Emerging Markets Dividend ETF during the fourth quarter worth about $25,000.

SPDR S&P Emerging Markets Dividend ETF Stock Performance

Shares of EDIV opened at $37.87 on Monday. The company’s 50-day simple moving average is $35.93 and its 200-day simple moving average is $35.70. The stock has a market capitalization of $717.64 million, a PE ratio of 9.97 and a beta of 0.55. SPDR S&P Emerging Markets Dividend ETF has a 1 year low of $32.36 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.