Cherry Tree Wealth Management LLC Sells 348 Shares of SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV)

Cherry Tree Wealth Management LLC decreased its position in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) by 3.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,265 shares of the company’s stock after selling 348 shares during the quarter. Cherry Tree Wealth Management LLC owned 0.12% of SPDR S&P Emerging Markets Dividend ETF worth $301,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Anchor Investment Management LLC purchased a new stake in shares of SPDR S&P Emerging Markets Dividend ETF in the 4th quarter valued at $31,000. BluePath Capital Management LLC purchased a new stake in SPDR S&P Emerging Markets Dividend ETF during the third quarter valued at about $46,000. Commonwealth Equity Services LLC grew its stake in shares of SPDR S&P Emerging Markets Dividend ETF by 41.0% during the third quarter. Commonwealth Equity Services LLC now owns 10,886 shares of the company’s stock valued at $324,000 after buying an additional 3,164 shares during the last quarter. Envestnet Portfolio Solutions Inc. purchased a new position in shares of SPDR S&P Emerging Markets Dividend ETF in the third quarter worth about $353,000. Finally, Atria Wealth Solutions Inc. bought a new stake in shares of SPDR S&P Emerging Markets Dividend ETF in the 3rd quarter valued at about $353,000.

SPDR S&P Emerging Markets Dividend ETF Stock Performance

EDIV stock traded up $0.04 during trading on Wednesday, hitting $34.52. 45,043 shares of the company traded hands, compared to its average volume of 109,090. The company has a 50-day moving average of $33.54 and a 200-day moving average of $32.16. SPDR S&P Emerging Markets Dividend ETF has a 1 year low of $26.85 and a 1 year high of $34.63. The firm has a market capitalization of $407.34 million, a PE ratio of 8.45 and a beta of 0.62.

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.