SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) Shares Sold by Truist Financial Corp

Truist Financial Corp trimmed its position in shares of SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) by 18.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 55,505 shares of the company’s stock after selling 12,927 shares during the period. Truist Financial Corp owned approximately 0.47% of SPDR S&P Emerging Markets Dividend ETF worth $1,959,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Continuum Advisory LLC boosted its stake in shares of 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 valued at $151,000 after buying an additional 915 shares during the last quarter. ESG Planning DBA Harper Investing increased its position in shares of SPDR S&P Emerging Markets Dividend ETF by 155.6% in the 2nd quarter. ESG Planning DBA Harper Investing now owns 28,798 shares of the company’s stock worth $1,017,000 after purchasing an additional 17,532 shares during the last quarter. Thoroughbred Financial Services LLC bought a new position in shares of SPDR S&P Emerging Markets Dividend ETF during the second quarter worth about $257,000. Commonwealth Equity Services LLC grew its stake in SPDR S&P Emerging Markets Dividend ETF by 142.6% in the first quarter. Commonwealth Equity Services LLC now owns 53,125 shares of the company’s stock worth $1,780,000 after purchasing an additional 31,225 shares in the last quarter. Finally, Slagle Financial LLC increased its holdings in SPDR S&P Emerging Markets Dividend ETF by 92.8% in the fourth quarter. Slagle Financial LLC now owns 16,554 shares of the company’s stock valued at $538,000 after buying an additional 7,968 shares during the last quarter.

SPDR S&P Emerging Markets Dividend ETF Stock Up 0.2 %

NYSEARCA:EDIV opened at $37.14 on Friday. The company has a market cap of $438.25 million, a PE ratio of 8.45 and a beta of 0.62. The business’s 50 day moving average is $36.55 and its two-hundred day moving average is $35.42. SPDR S&P Emerging Markets Dividend ETF has a 52 week low of $28.70 and a 52 week 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.