1620 Investment Advisors Inc. Sells 388 Shares of SPDR DoubleLine Emerging Markets Fixed Income ETF (BATS:EMTL)

1620 Investment Advisors Inc. trimmed its position in shares of SPDR DoubleLine Emerging Markets Fixed Income ETF (BATS:EMTL) by 1.5% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 26,366 shares of the company’s stock after selling 388 shares during the quarter. SPDR DoubleLine Emerging Markets Fixed Income ETF accounts for approximately 0.8% of 1620 Investment Advisors Inc.’s investment portfolio, making the stock its 25th largest holding. 1620 Investment Advisors Inc.’s holdings in SPDR DoubleLine Emerging Markets Fixed Income ETF were worth $1,110,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Private Trust Co. NA grew its stake in shares of SPDR DoubleLine Emerging Markets Fixed Income ETF by 50.0% during the third quarter. Private Trust Co. NA now owns 7,891 shares of the company’s stock valued at $343,000 after purchasing an additional 2,630 shares during the last quarter. Pinnacle Wealth Planning Services Inc. grew its stake in shares of SPDR DoubleLine Emerging Markets Fixed Income ETF by 4.5% during the fourth quarter. Pinnacle Wealth Planning Services Inc. now owns 193,140 shares of the company’s stock valued at $8,132,000 after purchasing an additional 8,311 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its stake in shares of SPDR DoubleLine Emerging Markets Fixed Income ETF by 2.1% during the fourth quarter. Bank of New York Mellon Corp now owns 234,470 shares of the company’s stock valued at $9,872,000 after purchasing an additional 4,851 shares during the last quarter.

SPDR DoubleLine Emerging Markets Fixed Income ETF Price Performance

EMTL opened at $43.00 on Friday. SPDR DoubleLine Emerging Markets Fixed Income ETF has a one year low of $41.50 and a one year high of $43.54. The company’s 50 day simple moving average is $42.64 and its 200-day simple moving average is $42.76.

SPDR DoubleLine Emerging Markets Fixed Income ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.1832 per share. The ex-dividend date of this dividend was Monday, March 3rd.

SPDR DoubleLine Emerging Markets Fixed Income ETF Profile

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.