Royal Bank of Canada Has $10.89 Million Position in SPDR S&P Emerging Markets Dividend ETF $EDIV

Royal Bank of Canada grew its holdings in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) by 3.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 305,072 shares of the company’s stock after purchasing an additional 9,625 shares during the quarter. Royal Bank of Canada owned about 1.68% of SPDR S&P Emerging Markets Dividend ETF worth $10,890,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Ameriprise Financial Inc. increased its holdings in SPDR S&P Emerging Markets Dividend ETF by 9.2% during the 4th quarter. Ameriprise Financial Inc. now owns 53,654 shares of the company’s stock worth $1,893,000 after purchasing an additional 4,527 shares in the last quarter. EP Wealth Advisors LLC purchased a new position in SPDR S&P Emerging Markets Dividend ETF in the fourth quarter valued at approximately $108,000. Focus Partners Wealth purchased a new stake in shares of SPDR S&P Emerging Markets Dividend ETF during the fourth quarter worth $1,682,000. First Heartland Consultants Inc. lifted its position in shares of SPDR S&P Emerging Markets Dividend ETF by 18.2% during the fourth quarter. First Heartland Consultants Inc. now owns 159,410 shares of the company’s stock worth $5,623,000 after acquiring an additional 24,547 shares in the last quarter. Finally, Columbia River Financial Group LLC bought a new position in shares of SPDR S&P Emerging Markets Dividend ETF in the fourth quarter worth $2,419,000.

SPDR S&P Emerging Markets Dividend ETF Stock Performance

SPDR S&P Emerging Markets Dividend ETF stock opened at $39.30 on Friday. The stock has a market cap of $864.60 million, a P/E ratio of 10.27 and a beta of 0.66. SPDR S&P Emerging Markets Dividend ETF has a fifty-two week low of $32.36 and a fifty-two week high of $39.32. The firm’s fifty day moving average price is $38.65 and its 200-day moving average price is $37.38.

About SPDR S&P Emerging Markets Dividend ETF

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.