SPDR DoubleLine Emerging Markets Fixed Income ETF (BATS:EMTL) Plans Dividend Increase – $0.19 Per Share

SPDR DoubleLine Emerging Markets Fixed Income ETF (BATS:EMTL) announced a dividend on Thursday, March 28th, NASDAQ reports. Investors of record on Tuesday, April 2nd will be paid a dividend of 0.1896 per share on Friday, April 5th. The ex-dividend date is Monday, April 1st. This is an increase from SPDR DoubleLine Emerging Markets Fixed Income ETF’s previous dividend of $0.18.

SPDR DoubleLine Emerging Markets Fixed Income ETF Trading Down 0.2 %

EMTL stock traded down $0.09 during midday trading on Friday, reaching $42.19. 5,981 shares of the stock were exchanged. SPDR DoubleLine Emerging Markets Fixed Income ETF has a 52 week low of $49.24 and a 52 week high of $52.27. The company has a fifty day moving average price of $42.02 and a 200 day moving average price of $41.06.

Institutional Investors Weigh In On SPDR DoubleLine Emerging Markets Fixed Income ETF

A hedge fund recently raised its stake in SPDR DoubleLine Emerging Markets Fixed Income ETF stock. Bank of New York Mellon Corp increased its position in shares of SPDR DoubleLine Emerging Markets Fixed Income ETF (BATS:EMTL) by 8.7% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 165,726 shares of the company’s stock after acquiring an additional 13,323 shares during the period. Bank of New York Mellon Corp’s holdings in SPDR DoubleLine Emerging Markets Fixed Income ETF were worth $7,563,000 at the end of the most recent reporting period.

About SPDR DoubleLine Emerging Markets Fixed Income ETF

The SPDR DoubleLine Emerging Markets Fixed Income ETF (EMTL) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed and has broad capabilities to invest in investment grade and high-yield emerging market debt. EMTL was launched on Apr 13, 2016 and is managed by State Street.