SPDR S&P Global Dividend ETF (NYSEARCA:WDIV) Short Interest Update

SPDR S&P Global Dividend ETF (NYSEARCA:WDIV) was the recipient of a significant decline in short interest in April. As of April 30th, there was short interest totaling 13,330 shares, a decline of 57.1% from the April 15th total of 31,044 shares. Based on an average daily volume of 10,146 shares, the short-interest ratio is presently 1.3 days. Approximately 0.4% of the company’s stock are sold short.

SPDR S&P Global Dividend ETF Stock Down 1.1%

WDIV traded down $0.89 during midday trading on Friday, hitting $80.18. The company had a trading volume of 2,373 shares, compared to its average volume of 16,566. SPDR S&P Global Dividend ETF has a 52 week low of $67.81 and a 52 week high of $82.67. The company has a market capitalization of $264.59 million, a price-to-earnings ratio of 13.04 and a beta of 0.55. The stock’s 50 day moving average price is $78.70 and its 200 day moving average price is $77.50.

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

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Cornerstone Planning Group LLC increased its stake in SPDR S&P Global Dividend ETF by 189.1% in the first quarter. Cornerstone Planning Group LLC now owns 931 shares of the company’s stock valued at $75,000 after purchasing an additional 609 shares in the last quarter. Fifth Third Bancorp bought a new stake in SPDR S&P Global Dividend ETF in the first quarter valued at $62,000. WealthShield Partners LLC increased its stake in SPDR S&P Global Dividend ETF by 0.7% in the first quarter. WealthShield Partners LLC now owns 19,156 shares of the company’s stock valued at $1,478,000 after purchasing an additional 134 shares in the last quarter. Kestra Advisory Services LLC increased its stake in SPDR S&P Global Dividend ETF by 5.7% in the first quarter. Kestra Advisory Services LLC now owns 3,465 shares of the company’s stock valued at $267,000 after purchasing an additional 187 shares in the last quarter. Finally, Ascentis Independent Advisors increased its stake in SPDR S&P Global Dividend ETF by 101.7% in the first quarter. Ascentis Independent Advisors now owns 9,400 shares of the company’s stock valued at $725,000 after purchasing an additional 4,740 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.