O Dell Group LLC Buys New Shares in SPDR S&P Emerging Markets Dividend ETF $EDIV

O Dell Group LLC bought a new position in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) in the third quarter, Holdings Channel.com reports. The firm bought 16,417 shares of the company’s stock, valued at approximately $638,000.

Several other large investors have also added to or reduced their stakes in EDIV. Cetera Investment Advisers raised its stake in shares of SPDR S&P Emerging Markets Dividend ETF by 6.1% in the second quarter. Cetera Investment Advisers now owns 1,345,538 shares of the company’s stock worth $51,292,000 after purchasing an additional 77,634 shares during the last quarter. Bank of America Corp DE increased its holdings in SPDR S&P Emerging Markets Dividend ETF by 97.9% in the 2nd quarter. Bank of America Corp DE now owns 589,465 shares of the company’s stock worth $22,470,000 after buying an additional 291,639 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in SPDR S&P Emerging Markets Dividend ETF by 27.4% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 392,923 shares of the company’s stock worth $14,978,000 after buying an additional 84,418 shares during the last quarter. Drake & Associates LLC lifted its stake in SPDR S&P Emerging Markets Dividend ETF by 4.2% during the 2nd quarter. Drake & Associates LLC now owns 238,741 shares of the company’s stock valued at $9,101,000 after acquiring an additional 9,534 shares during the period. Finally, swisspartners Advisors Ltd boosted its holdings in shares of SPDR S&P Emerging Markets Dividend ETF by 3.9% in the 2nd quarter. swisspartners Advisors Ltd now owns 233,650 shares of the company’s stock valued at $8,896,000 after acquiring an additional 8,760 shares during the last quarter.

SPDR S&P Emerging Markets Dividend ETF Price Performance

NYSEARCA:EDIV opened at $39.64 on Wednesday. The company’s fifty day moving average price is $39.01 and its 200-day moving average price is $38.82. SPDR S&P Emerging Markets Dividend ETF has a 1-year low of $32.36 and a 1-year high of $40.13. The firm has a market capitalization of $1.02 billion, a P/E ratio of 10.27 and a beta of 0.52.

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.