First Heartland Consultants Inc. Acquires New Shares in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV)

First Heartland Consultants Inc. acquired a new stake in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) in the third quarter, HoldingsChannel.com reports. The institutional investor acquired 134,863 shares of the company’s stock, valued at approximately $5,080,000.

A number of other large investors have also made changes to their positions in EDIV. Scarborough Advisors LLC bought a new stake in shares of SPDR S&P Emerging Markets Dividend ETF in the 2nd quarter valued at $30,000. Triad Wealth Partners LLC bought a new stake in shares of SPDR S&P Emerging Markets Dividend ETF in the 2nd quarter valued at $51,000. US Bancorp DE increased its holdings in SPDR S&P Emerging Markets Dividend ETF by 124.7% during the 3rd quarter. US Bancorp DE now owns 1,499 shares of the company’s stock worth $56,000 after purchasing an additional 832 shares in the last quarter. SouthState Corp bought a new position in SPDR S&P Emerging Markets Dividend ETF during the 2nd quarter worth about $105,000. Finally, Continuum Advisory LLC increased its holdings in SPDR S&P Emerging Markets Dividend ETF by 27.2% during the 2nd quarter. Continuum Advisory LLC now owns 4,279 shares of the company’s stock worth $151,000 after purchasing an additional 915 shares in the last quarter.

SPDR S&P Emerging Markets Dividend ETF Price Performance

EDIV stock traded down $0.31 during trading hours on Tuesday, reaching $35.33. 34,601 shares of the stock were exchanged, compared to its average volume of 89,866. The firm’s 50-day moving average is $36.91 and its 200-day moving average is $35.96. The company has a market cap of $416.89 million, a price-to-earnings ratio of 8.45 and a beta of 0.62. SPDR S&P Emerging Markets Dividend ETF has a 12 month low of $29.56 and a 12 month high of $39.23.

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.