Thoroughbred Financial Services LLC Takes Position in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV)

Thoroughbred Financial Services LLC acquired a new position in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 7,302 shares of the company’s stock, valued at approximately $257,000. Thoroughbred Financial Services LLC owned 0.06% of SPDR S&P Emerging Markets Dividend ETF at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Scarborough Advisors LLC bought a new stake in shares of SPDR S&P Emerging Markets Dividend ETF during the 2nd quarter valued at about $30,000. Luken Investment Analytics LLC bought a new stake in SPDR S&P Emerging Markets Dividend ETF during the second quarter valued at approximately $5,551,000. SouthState Corp purchased a new stake in SPDR S&P Emerging Markets Dividend ETF during the second quarter valued at approximately $105,000. Commonwealth Equity Services LLC raised its position in SPDR S&P Emerging Markets Dividend ETF by 87.6% in the second quarter. Commonwealth Equity Services LLC now owns 99,678 shares of the company’s stock worth $3,519,000 after acquiring an additional 46,553 shares during the period. Finally, ESG Planning DBA Harper Investing boosted its stake in shares of SPDR S&P Emerging Markets Dividend ETF by 155.6% during the 2nd quarter. ESG Planning DBA Harper Investing now owns 28,798 shares of the company’s stock worth $1,017,000 after acquiring an additional 17,532 shares during the last quarter.

SPDR S&P Emerging Markets Dividend ETF Price Performance

NYSEARCA:EDIV opened at $37.07 on Wednesday. SPDR S&P Emerging Markets Dividend ETF has a one year low of $28.70 and a one year high of $37.17. The business has a fifty day moving average price of $35.83 and a 200-day moving average price of $34.98. The firm has a market capitalization of $437.43 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.