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 decrease in short interest during the month of March. As of March 13th, there was short interest totaling 3,812 shares, a decrease of 34.3% from the February 26th total of 5,801 shares. Based on an average daily trading volume, of 13,902 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the company are short sold.

Hedge Funds Weigh In On SPDR S&P Global Dividend ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Crescent Sterling Ltd. increased its stake in shares of SPDR S&P Global Dividend ETF by 2.4% in the third quarter. Crescent Sterling Ltd. now owns 6,473 shares of the company’s stock worth $471,000 after purchasing an additional 150 shares in the last quarter. WealthShield Partners LLC lifted its stake in shares of SPDR S&P Global Dividend ETF by 1.0% during the 3rd quarter. WealthShield Partners LLC now owns 18,377 shares of the company’s stock valued at $1,336,000 after buying an additional 181 shares in the last quarter. Seneca Financial Advisors LLC lifted its stake in shares of SPDR S&P Global Dividend ETF by 0.9% during the 2nd quarter. Seneca Financial Advisors LLC now owns 21,365 shares of the company’s stock valued at $1,507,000 after buying an additional 189 shares in the last quarter. Key Financial Inc boosted its holdings in SPDR S&P Global Dividend ETF by 13.7% in the 3rd quarter. Key Financial Inc now owns 2,335 shares of the company’s stock worth $171,000 after buying an additional 282 shares during the period. Finally, MML Investors Services LLC boosted its holdings in SPDR S&P Global Dividend ETF by 10.0% in the 4th quarter. MML Investors Services LLC now owns 3,335 shares of the company’s stock worth $252,000 after buying an additional 304 shares during the period.

SPDR S&P Global Dividend ETF Stock Performance

WDIV stock opened at $75.68 on Friday. The stock has a fifty day moving average of $79.39 and a 200-day moving average of $75.97. SPDR S&P Global Dividend ETF has a fifty-two week low of $59.40 and a fifty-two week high of $82.67. The company has a market capitalization of $238.39 million, a price-to-earnings ratio of 13.04 and a beta of 0.63.

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.