SPDR S&P Global Dividend ETF (NYSEARCA:WDIV – Get Free Report) was the recipient of a large growth in short interest in April. As of April 15th, there was short interest totaling 31,044 shares, a growth of 7,344.6% from the March 31st total of 417 shares. Approximately 1.0% of the shares of the company are sold short. Based on an average daily volume of 36,033 shares, the short-interest ratio is currently 0.9 days.
SPDR S&P Global Dividend ETF Price Performance
Shares of NYSEARCA:WDIV traded up $0.35 during midday trading on Friday, hitting $79.98. The company had a trading volume of 3,436 shares, compared to its average volume of 18,725. The company has a market cap of $257.54 million, a price-to-earnings ratio of 13.04 and a beta of 0.56. SPDR S&P Global Dividend ETF has a 12-month low of $66.00 and a 12-month high of $82.67. The company has a fifty day moving average of $79.10 and a two-hundred day moving average of $76.72.
Institutional Investors Weigh In On SPDR S&P Global Dividend ETF
Hedge funds and other institutional investors have recently modified their holdings of the stock. Cornerstone Planning Group LLC purchased a new stake in shares of SPDR S&P Global Dividend ETF in the 4th quarter worth $25,000. Lloyd Advisory Services LLC. purchased a new stake in shares of SPDR S&P Global Dividend ETF in the 4th quarter worth $27,000. Raleigh Capital Management Inc. purchased a new stake in shares of SPDR S&P Global Dividend ETF in the 4th quarter worth $80,000. Flagship Harbor Advisors LLC purchased a new stake in shares of SPDR S&P Global Dividend ETF in the 4th quarter worth $83,000. Finally, Jones Financial Companies Lllp increased its stake in shares of SPDR S&P Global Dividend ETF by 135.8% in the 3rd quarter. Jones Financial Companies Lllp now owns 1,259 shares of the company’s stock worth $91,000 after purchasing an additional 725 shares in the last quarter.
About SPDR S&P Global Dividend ETF
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.
Further Reading
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