SSgA Active Trust – SPDR Portfolio S&P 600 Small Cap ETF said on June 5, 2023 that its board of directors declared a regular quarterly dividend of $0.16 per share ($0.64 annualized). Previously, the company paid $0.00 per share.
Shareholders of record as of June 7, 2023 received the payment on June 8, 2023.
At the current share price of $38.40 / share, the stock’s dividend yield is 1.67%.
Looking back five years and taking a sample every week, the average dividend yield has been 1.80%, the lowest has been 1.29%, and the highest has been 3.20%. The standard deviation of yields is 0.34 (n=235).
The current dividend yield is 0.38 standard deviations below the historical average.
Learn to Harvest Dividends
Buy Stock. Capture Dividend. Sell Stock. Repeat. This is the essence of dividend harvesting and you can do it easily with Fintel’s Dividend Capture Calendar.
What is the Fund Sentiment?
There are 485 funds or institutions reporting positions in SSgA Active Trust – SPDR Portfolio S&P 600 Small Cap ETF. This is a decrease of 1 owner(s) or 0.21% in the last quarter. Average portfolio weight of all funds dedicated to SPSM is 0.72%, an increase of 12.48%. Total shares owned by institutions increased in the last three months by 6.73% to 105,911K shares. 
The put/call ratio of SPSM is 0.61, indicating a bullish outlook.
What are Other Shareholders Doing?
Financial Engines Advisors L.L.C. holds 18,329K shares. In it’s prior filing, the firm reported owning 17,177K shares, representing an increase of 6.29%. The firm increased its portfolio allocation in SPSM by 1.21% over the last quarter.
LPL Financial holds 12,620K shares. In it’s prior filing, the firm reported owning 10,826K shares, representing an increase of 14.22%. The firm increased its portfolio allocation in SPSM by 8.27% over the last quarter.
Charles Schwab Investment Management holds 6,269K shares. In it’s prior filing, the firm reported owning 5,268K shares, representing an increase of 15.98%. The firm increased its portfolio allocation in SPSM by 0.86% over the last quarter.
Valmark Advisers holds 4,397K shares. In it’s prior filing, the firm reported owning 4,210K shares, representing an increase of 4.25%. The firm decreased its portfolio allocation in SPSM by 0.44% over the last quarter.
Creative Planning holds 3,287K shares. In it’s prior filing, the firm reported owning 3,318K shares, representing a decrease of 0.93%. The firm decreased its portfolio allocation in SPSM by 50.22% over the last quarter.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.