Bond & Devick Financial Network Inc. Has $9.34 Million Holdings in SPDR S&P Emerging Markets Dividend ETF $EDIV

Bond & Devick Financial Network Inc. grew its stake in shares of SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) by 9.1% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 240,271 shares of the company’s stock after acquiring an additional 20,029 shares during the period. SPDR S&P Emerging Markets Dividend ETF makes up approximately 2.8% of Bond & Devick Financial Network Inc.’s portfolio, making the stock its 10th biggest position. Bond & Devick Financial Network Inc.’s holdings in SPDR S&P Emerging Markets Dividend ETF were worth $9,335,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of EDIV. Cassia Capital Partners LLC acquired a new stake in shares of SPDR S&P Emerging Markets Dividend ETF during the third quarter valued at about $510,000. Truist Financial Corp raised its holdings in SPDR S&P Emerging Markets Dividend ETF by 4.4% in the 2nd quarter. Truist Financial Corp now owns 55,202 shares of the company’s stock valued at $2,104,000 after buying an additional 2,328 shares during the last quarter. Able Wealth Management LLC boosted its position in SPDR S&P Emerging Markets Dividend ETF by 53.7% during the 3rd quarter. Able Wealth Management LLC now owns 95,344 shares of the company’s stock worth $3,704,000 after buying an additional 33,328 shares during the period. Titleist Asset Management LLC boosted its position in SPDR S&P Emerging Markets Dividend ETF by 1.7% during the 2nd quarter. Titleist Asset Management LLC now owns 95,432 shares of the company’s stock worth $3,638,000 after buying an additional 1,640 shares during the period. Finally, Foundations Investment Advisors LLC grew its holdings in SPDR S&P Emerging Markets Dividend ETF by 51.3% during the 2nd quarter. Foundations Investment Advisors LLC now owns 11,487 shares of the company’s stock worth $438,000 after acquiring an additional 3,895 shares during the last quarter.

SPDR S&P Emerging Markets Dividend ETF Stock Performance

EDIV stock opened at $41.24 on Friday. The company has a market capitalization of $1.11 billion, a P/E ratio of 10.27 and a beta of 0.52. The company has a fifty day moving average price of $39.77 and a 200-day moving average price of $39.10. SPDR S&P Emerging Markets Dividend ETF has a 52-week low of $32.36 and a 52-week high of $42.06.

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.