SPDR Bloomberg Emerging Markets Local Bond ETF $EBND Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lessened its stake in shares of SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND) by 5.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 454,737 shares of the company’s stock after selling 24,084 shares during the quarter. Envestnet Asset Management Inc. owned about 0.44% of SPDR Bloomberg Emerging Markets Local Bond ETF worth $9,713,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in EBND. Empower Advisory Group LLC boosted its stake in SPDR Bloomberg Emerging Markets Local Bond ETF by 3.8% during the 2nd quarter. Empower Advisory Group LLC now owns 24,148,386 shares of the company’s stock valued at $516,775,000 after purchasing an additional 876,462 shares in the last quarter. SeaBridge Investment Advisors LLC bought a new position in SPDR Bloomberg Emerging Markets Local Bond ETF during the third quarter valued at about $7,761,000. Ocean Park Asset Management LLC acquired a new position in SPDR Bloomberg Emerging Markets Local Bond ETF during the third quarter worth about $7,666,000. Bank of America Corp DE raised its position in SPDR Bloomberg Emerging Markets Local Bond ETF by 29.9% in the second quarter. Bank of America Corp DE now owns 487,775 shares of the company’s stock worth $10,438,000 after acquiring an additional 112,149 shares in the last quarter. Finally, Hibernia Wealth Partners LLC raised its position in SPDR Bloomberg Emerging Markets Local Bond ETF by 96.4% in the second quarter. Hibernia Wealth Partners LLC now owns 209,403 shares of the company’s stock worth $4,481,000 after acquiring an additional 102,762 shares in the last quarter.

SPDR Bloomberg Emerging Markets Local Bond ETF Stock Performance

NYSEARCA:EBND opened at $21.77 on Thursday. The company has a 50-day moving average of $21.52 and a 200-day moving average of $21.37. SPDR Bloomberg Emerging Markets Local Bond ETF has a twelve month low of $19.50 and a twelve month high of $21.88.

SPDR Bloomberg Emerging Markets Local Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a dividend of $0.1028 per share. This is a boost from SPDR Bloomberg Emerging Markets Local Bond ETF’s previous monthly dividend of $0.10. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 5.7%.

SPDR Bloomberg Emerging Markets Local Bond ETF Profile

SPDR Barclays Emerging Markets Local Bond ETF (Fund) seeks to provide investment results that correspond to the price and yield performance of the Index that tracks the fixed-rate local currency sovereign debt of emerging market countries. The Index is designed to measure the performance of the fixed-rate local currency sovereign debt of emerging market countries. The Index includes government bonds issued by countries outside the United States, in local currencies, that have a remaining maturity of one year or more and are rated B3/B-/B- or higher using the middle rating of Moody’s Investor Service, Inc, Standard & Poor’s, Inc and Fitch Inc SSgA Funds Management, Inc serves as the investment adviser to the Fund.