The State Street SPDR S&P Global Dividend ETF (WDIV) made its debut on 05/29/2013, and is a smart beta exchange traded fund that provides broad exposure to the Global Large-Cap Value Equity ETF category of the market.
State Street SPDR S&P Global Dividend ETF targets leading global dividend stocks with a strong history of growing payouts. WDIV offers a 4.1% dividend yield, significantly higher than peer ETFs, and charges a 0.4% management fee. The ETF trades at a substantial discount to the MSCI World Index and broader emerging markets, presenting a compelling value opportunity.
The State Street SPDR S&P Global Dividend ETF (WDIV) was launched on 05/29/2013, and is a smart beta exchange traded fund designed to offer broad exposure to the Global Large-Cap Value Equity ETF category of the market.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TM Tom McDonald Richards, MERRILL & PETERSON Inc. | 14,572 | $1M | $1.2M | $198,397.56 | 19.81% |
| JE Jean Elzayek Householder Group Estate & Retirement Specialist LLC | 352 | $20,623.53 | $28,902.72 | $8,279.19 | 40.14% |
| CAL CoreCap Advisors LLC CoreCap Advisors LLC | 22 | $1,765.5 | $1,811.26 | $45.76 | 2.59% |
| TG Tyler Glazier New Millennium Group LLC | 26 | $1,614.34 | $2,140.58 | $526.24 | 32.6% |
Jeremy Baltz Raleigh Capital Management Inc. | 1,428 | $108,378.4 | $117,567.24 | $9,188.84 | 8.48% |
| ARCA Exchange | US Country |
The fund stands as a pivotal player in the investment domain, focusing on providing its investors a gateway to high dividend-yield companies that exhibit a strong track record of dividend management. It dedicates no less than 80% of its total assets towards securities that make up the index it tracks, alongside depositary receipts based on these securities. This strategic approach ensures the fund's alignment with the index's objective to encapsulate the performance of companies worldwide. These companies are not just part of the S&P Global BMI but are also distinguished by their sustainable dividend policies, having either increased or maintained stable dividends for a decade or more. This disciplined investment philosophy aims to cater to investors seeking exposure to firms with a robust financial discipline and a promising dividend payout history, encapsulating a blend of growth and income potentials.
This service offers a comprehensive investment portfolio mirroring the performance of the index, which represents high dividend-yield companies with a consistent record of managed dividends. It is specifically tailored for investors looking to capitalize on the growth and income potential of companies committed to rewarding shareholders through stable or increasing dividends.
Alongside direct index investments, the fund also provides avenues for investing in depositary receipts based on the securities within the index. This form of investment broadens the opportunity for shareholders to gain exposure to foreign high dividend-yield companies, thus diversifying their investment portfolio and potentially mitigating risks associated with market volatility.