SPDR S&P Emerging Markets Dividend ETF $EDIV Shares Sold by Titleist Asset Management LLC

Titleist Asset Management LLC decreased its position in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) by 67.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 57,642 shares of the company’s stock after selling 121,879 shares during the quarter. Titleist Asset Management LLC owned 0.20% of SPDR S&P Emerging Markets Dividend ETF worth $2,315,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Cassia Capital Partners LLC boosted its position in shares of SPDR S&P Emerging Markets Dividend ETF by 706.2% in the first quarter. Cassia Capital Partners LLC now owns 102,382 shares of the company’s stock worth $4,042,000 after acquiring an additional 89,682 shares during the last quarter. Keudell Morrison Wealth Management bought a new position in shares of SPDR S&P Emerging Markets Dividend ETF during the 1st quarter valued at approximately $8,338,000. Private Advisor Group LLC boosted its holdings in shares of SPDR S&P Emerging Markets Dividend ETF by 162.6% in the first quarter. Private Advisor Group LLC now owns 32,982 shares of the company’s stock worth $1,302,000 after acquiring an additional 20,421 shares during the period. Premier Path Wealth Partners LLC increased its stake in SPDR S&P Emerging Markets Dividend ETF by 31.8% in the 2nd quarter. Premier Path Wealth Partners LLC now owns 88,432 shares of the company’s stock worth $3,622,000 after acquiring an additional 21,318 shares during the last quarter. Finally, Citadel Advisors LLC grew its position in SPDR S&P Emerging Markets Dividend ETF by 620.6% during the second quarter. Citadel Advisors LLC now owns 108,274 shares of the company’s stock valued at $4,435,000 after acquiring an additional 93,249 shares during the last quarter.

SPDR S&P Emerging Markets Dividend ETF Stock Performance

Shares of EDIV traded down $0.26 on Thursday, reaching $39.69. The stock had a trading volume of 36,513 shares, compared to its average volume of 149,650. The company has a 50-day simple moving average of $41.46 and a 200-day simple moving average of $41.18. SPDR S&P Emerging Markets Dividend ETF has a 12-month low of $37.81 and a 12-month high of $43.49. The firm has a market capitalization of $1.16 billion, a price-to-earnings ratio of 10.27 and a beta of 0.48.

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.