SPDR S&P Dividend ETF Sees $161.9 Million Outflow
Looking at recent changes in shares outstanding, the SPDR S&P Dividend ETF (Symbol: SDY) has experienced a significant outflow of about $161.9 million, marking a week-over-week decrease of 0.8%. This drop has brought the total shares down from 152,403,658 to 151,203,658. Notably, among SDY’s major components, Realty Income Corp (Symbol: O) fell approximately 1.2%, WEC Energy Group Inc (Symbol: WEC) decreased by about 1.8%, and Xcel Energy Inc (Symbol: XEL) slipped around 0.3%. For a detailed list of holdings, you can visit the SDY Holdings page »
Price Performance Overview
The chart below illustrates SDY’s price performance over the past year alongside its 200-day moving average:
Currently, SDY’s share price stands at $134.06, within a 52-week range of $121.52 (low) to $144.45 (high). Comparing this latest price point to the 200-day moving average can provide valuable technical analysis insights—learn more about the 200-day moving average ».
Understanding ETF Dynamics
Exchange-traded funds (ETFs) operate similarly to stocks, but investors buy and sell “units” rather than “shares.” These units can be traded and also created or destroyed based on investor demand. Each week, we track changes in shares outstanding to identify ETFs with significant inflows (new units created) or outflows (units taken out of circulation). An increase in units typically requires purchasing the ETF’s underlying holdings, while a decrease necessitates selling those holdings. Therefore, large flows can influence the individual components within ETFs.
Click here to find out which 9 other ETFs experienced notable outflows »
Related Information:
• OHI Next Dividend Date
• OUNZ YTD Return
• Top Ten Hedge Funds Holding HHDG
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
