Tower Wealth Partners Inc. Acquires 5,303 Shares of SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV)

Tower Wealth Partners Inc. increased its holdings in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) by 3.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 155,424 shares of the company’s stock after purchasing an additional 5,303 shares during the period. SPDR S&P Emerging Markets Dividend ETF accounts for 2.9% of Tower Wealth Partners Inc.’s holdings, making the stock its 11th biggest holding. Tower Wealth Partners Inc.’s holdings in SPDR S&P Emerging Markets Dividend ETF were worth $5,483,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Intellectus Partners LLC purchased a new position in shares of SPDR S&P Emerging Markets Dividend ETF in the fourth quarter worth $217,000. Ashton Thomas Private Wealth LLC bought a new stake in SPDR S&P Emerging Markets Dividend ETF in the 4th quarter valued at $294,000. Raymond James Financial Inc. purchased a new stake in SPDR S&P Emerging Markets Dividend ETF in the 4th quarter worth $9,628,000. Atria Investments Inc lifted its stake in SPDR S&P Emerging Markets Dividend ETF by 10.2% in the 4th quarter. Atria Investments Inc now owns 53,034 shares of the company’s stock worth $1,871,000 after purchasing an additional 4,922 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its position in shares of SPDR S&P Emerging Markets Dividend ETF by 226.6% during the fourth quarter. Jones Financial Companies Lllp now owns 12,458 shares of the company’s stock valued at $439,000 after purchasing an additional 8,643 shares in the last quarter.

SPDR S&P Emerging Markets Dividend ETF Trading Up 0.1 %

Shares of SPDR S&P Emerging Markets Dividend ETF stock opened at $36.17 on Monday. The firm has a market cap of $585.95 million, a PE ratio of 9.82 and a beta of 0.70. The stock has a 50 day moving average of $35.53 and a 200 day moving average of $36.07. SPDR S&P Emerging Markets Dividend ETF has a 12 month low of $32.37 and a 12 month high of $39.23.

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.