SPDR S&P Global Dividend ETF (NYSEARCA:WDIV) Short Interest Down 58.6% in July

SPDR S&P Global Dividend ETF (NYSEARCA:WDIV) was the target of a large decrease in short interest in July. As of July 15th, there was short interest totaling 8,698 shares, a decrease of 58.6% from the June 30th total of 20,999 shares. Based on an average daily volume of 11,743 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.3% of the shares of the stock are sold short.

SPDR S&P Global Dividend ETF Trading Down 0.4%

Shares of WDIV traded down $0.32 during mid-day trading on Wednesday, reaching $83.47. 3,333 shares of the stock traded hands, compared to its average volume of 13,294. The firm has a fifty day moving average price of $81.44 and a 200 day moving average price of $80.02. The company has a market cap of $277.96 million, a price-to-earnings ratio of 13.04 and a beta of 0.55. SPDR S&P Global Dividend ETF has a 1 year low of $69.97 and a 1 year high of $83.88.

Institutional Investors Weigh In On SPDR S&P Global Dividend ETF

Several large investors have recently added to or reduced their stakes in WDIV. AE Wealth Management LLC increased its stake in SPDR S&P Global Dividend ETF by 2.4% in the 4th quarter. AE Wealth Management LLC now owns 344,755 shares of the company’s stock worth $26,010,000 after acquiring an additional 7,933 shares during the last quarter. LPL Financial LLC boosted its position in shares of SPDR S&P Global Dividend ETF by 2.5% during the 4th quarter. LPL Financial LLC now owns 128,830 shares of the company’s stock valued at $9,720,000 after acquiring an additional 3,178 shares during the last quarter. Corient Private Wealth LLC boosted its position in shares of SPDR S&P Global Dividend ETF by 99.1% during the 2nd quarter. Corient Private Wealth LLC now owns 116,376 shares of the company’s stock valued at $8,209,000 after acquiring an additional 57,916 shares during the last quarter. State Street Corp grew its holdings in shares of SPDR S&P Global Dividend ETF by 119.3% during the fourth quarter. State Street Corp now owns 63,600 shares of the company’s stock worth $4,798,000 after purchasing an additional 34,600 shares in the last quarter. Finally, KKM Financial LLC purchased a new position in shares of SPDR S&P Global Dividend ETF during the fourth quarter worth about $4,160,000.

SPDR S&P Global Dividend ETF Company Profile

The SPDR S&P Global Dividend ETF (WDIV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks an index of 100 high-dividend-yielding stocks from the S&P Global BMI Index. Constituents are selected and weighted by dividends. WDIV was launched on May 29, 2013 and is managed by State Street.