Scarborough Advisors LLC Invests $30,000 in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV)

Scarborough Advisors LLC bought a new position in shares of 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 fund bought 859 shares of the company’s stock, valued at approximately $30,000.

A number of other institutional investors and hedge funds also recently modified their holdings of EDIV. Triad Wealth Partners LLC purchased a new position in SPDR S&P Emerging Markets Dividend ETF in the 2nd quarter worth about $51,000. SouthState Corp purchased a new position in shares of SPDR S&P Emerging Markets Dividend ETF in the second quarter worth approximately $105,000. Pineridge Advisors LLC acquired a new stake in shares of SPDR S&P Emerging Markets Dividend ETF during the fourth quarter valued at approximately $129,000. Continuum Advisory LLC lifted its position in shares of SPDR S&P Emerging Markets Dividend ETF by 27.2% in the 2nd quarter. Continuum Advisory LLC now owns 4,279 shares of the company’s stock valued at $151,000 after acquiring an additional 915 shares in the last quarter. Finally, ESG Planning DBA Harper Investing purchased a new stake in shares of SPDR S&P Emerging Markets Dividend ETF in the 1st quarter valued at approximately $378,000.

SPDR S&P Emerging Markets Dividend ETF Stock Performance

NYSEARCA EDIV opened at $36.47 on Friday. The firm’s 50 day moving average price is $35.78 and its two-hundred day moving average price is $34.88. SPDR S&P Emerging Markets Dividend ETF has a twelve month low of $28.70 and a twelve month high of $36.88. The stock has a market cap of $430.35 million, a price-to-earnings ratio of 8.45 and a beta of 0.62.

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.