Coppell Advisory Solutions LLC Takes $1.07 Million Position in SPDR S&P Emerging Markets Dividend ETF $EDIV

Coppell Advisory Solutions LLC purchased a new position in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 26,036 shares of the company’s stock, valued at approximately $1,066,000. Coppell Advisory Solutions LLC owned about 0.09% of SPDR S&P Emerging Markets Dividend ETF at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the stock. Bank of America Corp DE grew its stake in SPDR S&P Emerging Markets Dividend ETF by 76.8% in the first quarter. Bank of America Corp DE now owns 1,757,472 shares of the company’s stock valued at $69,385,000 after purchasing an additional 763,194 shares in the last quarter. Cetera Investment Advisers raised its stake in shares of SPDR S&P Emerging Markets Dividend ETF by 3.9% during the 1st quarter. Cetera Investment Advisers now owns 1,523,559 shares of the company’s stock worth $60,150,000 after purchasing an additional 56,815 shares in the last quarter. LPL Financial LLC raised its stake in shares of SPDR S&P Emerging Markets Dividend ETF by 13.7% during the 4th quarter. LPL Financial LLC now owns 1,484,931 shares of the company’s stock worth $58,135,000 after purchasing an additional 179,405 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in shares of SPDR S&P Emerging Markets Dividend ETF by 19.3% during the 4th quarter. Wells Fargo & Company MN now owns 982,405 shares of the company’s stock valued at $38,461,000 after buying an additional 158,975 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of SPDR S&P Emerging Markets Dividend ETF by 7.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 485,275 shares of the company’s stock valued at $18,998,000 after buying an additional 35,336 shares during the last quarter.

SPDR S&P Emerging Markets Dividend ETF Stock Performance

Shares of NYSEARCA EDIV opened at $41.83 on Thursday. The business has a 50 day simple moving average of $41.67 and a 200 day simple moving average of $41.23. SPDR S&P Emerging Markets Dividend ETF has a 52 week low of $37.81 and a 52 week high of $43.49. The stock has a market cap of $1.23 billion, a price-to-earnings ratio of 10.27 and a beta of 0.48.

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.