SPDR S&P Global Dividend ETF (NYSEARCA:WDIV) Short Interest Down 34.3% in March

SPDR S&P Global Dividend ETF (NYSEARCA:WDIV) was the recipient of a large drop in short interest in March. As of March 13th, there was short interest totaling 3,812 shares, a drop of 34.3% from the February 26th total of 5,801 shares. Based on an average trading volume of 13,902 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are short sold.

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

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Corient Private Wealth LLC increased its position in SPDR S&P Global Dividend ETF by 99.1% during the second quarter. Corient Private Wealth LLC now owns 116,376 shares of the company’s stock worth $8,209,000 after buying an additional 57,916 shares in the last quarter. KKM Financial LLC purchased a new stake in shares of SPDR S&P Global Dividend ETF in the fourth quarter valued at $4,160,000. State Street Corp lifted its position in shares of SPDR S&P Global Dividend ETF by 119.3% in the fourth quarter. State Street Corp now owns 63,600 shares of the company’s stock valued at $4,798,000 after acquiring an additional 34,600 shares in the last quarter. AE Wealth Management LLC boosted its stake in shares of SPDR S&P Global Dividend ETF by 4.3% during the third quarter. AE Wealth Management LLC now owns 336,822 shares of the company’s stock valued at $24,485,000 after acquiring an additional 13,920 shares during the last quarter. Finally, Key Capital Management INC purchased a new stake in SPDR S&P Global Dividend ETF during the 4th quarter worth about $1,047,000.

SPDR S&P Global Dividend ETF Price Performance

Shares of NYSEARCA WDIV traded down $0.11 on Friday, hitting $75.68. The company’s stock had a trading volume of 6,734 shares, compared to its average volume of 16,304. The stock has a 50 day moving average of $79.39 and a 200-day moving average of $75.99. The company has a market capitalization of $238.39 million, a price-to-earnings ratio of 13.04 and a beta of 0.63. SPDR S&P Global Dividend ETF has a 12-month low of $59.40 and a 12-month high of $82.67.

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.