Park Avenue Securities LLC Takes Position in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV)

Park Avenue Securities LLC purchased a new stake in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 5,704 shares of the company’s stock, valued at approximately $204,000.

Other institutional investors also recently bought and sold shares of the company. Cape Investment Advisory Inc. acquired a new position in SPDR S&P Emerging Markets Dividend ETF in the fourth quarter valued at $26,000. Bank of Montreal Can acquired a new position in SPDR S&P Emerging Markets Dividend ETF in the fourth quarter valued at $31,000. Compass Planning Associates Inc acquired a new position in SPDR S&P Emerging Markets Dividend ETF in the fourth quarter valued at $51,000. Transce3nd LLC acquired a new stake in SPDR S&P Emerging Markets Dividend ETF during the fourth quarter worth about $67,000. Finally, Noble Wealth Management PBC acquired a new stake in SPDR S&P Emerging Markets Dividend ETF during the fourth quarter worth about $71,000.

SPDR S&P Emerging Markets Dividend ETF Price Performance

Shares of NYSEARCA:EDIV opened at $38.47 on Tuesday. The firm has a market capitalization of $759.78 million, a PE ratio of 9.97 and a beta of 0.55. The business has a 50-day moving average of $36.98 and a two-hundred day moving average of $36.06. SPDR S&P Emerging Markets Dividend ETF has a 12 month low of $32.36 and a 12 month high of $39.23.

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.