NYSEARCA:PSK - SPDR Wells Fargo Preferred Stock ETF Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $41.07 -0.05 (-0.12 %) (As of 01/16/2019 03:10 AM ET)Previous Close$41.12Today's Range$41.03 - $41.2252-Week Range$38.53 - $43.90Volume52,370 shsAverage Volume148,317 shsMarket CapitalizationN/AP/E RatioN/ADividend Yield6.23%BetaN/A ProfileDiscussionChartDividendInstitutional OwnershipHeadlinesSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email SPDR Wells Fargo Preferred Stock ETF (the Fund) seeks to replicate the total return of the Wells Fargo Hybrid and Preferred Securities Aggregate Index (the Index). The Index is a modified market capitalization weighted index designed to measure the performance of non-convertible preferred stock and securities that are functionally equivalent to preferred stock, including, but not limited to, depositary preferred securities, perpetual subordinated debt and certain securities issued by banks and other financial institutions that are eligible for capital treatment with respect to such instruments akin to that received for issuance of straight preferred stock. In addition, the Fund may invest in securities that are not included in the Index, futures, options, swap contracts and other derivatives, cash and cash equivalents or money market instruments, such as repurchase agreements and money market funds. The Fund’s investment advisor is SSgA Funds Management, Inc. Receive PSK News and Ratings via Email Sign-up to receive the latest news and ratings for PSK and its competitors with MarketBeat's FREE daily newsletter. Basic Details Issuer SSgA Fund NameSPDR Wells Fargo Preferred Stock ETF Tax ClassificationRegulated Investment Company SymbolNYSEARCA:PSK Inception Date9/16/2009 Fund ManagerMichael Feehily, Karl Schneider, Amy Scofield Webwww.spdrs.com Phone+1-617-7863000 Fund Focus Asset ClassEquity BenchmarkWells Fargo Hybrid and Preferred Securities Aggregate TR USD CategoryStrategy FocusPreferred Stock Development LevelDeveloped Markets RegionNorth America Fund Statistics Assets Under Management$495.50 million Average Daily Volume$193,237.00 Discount/Premium0.51% ETF Expenses Management Fee0.45% Other Expenses0.00% Total Expenses0.45% Fee Waiver0.00% Net Expenses0.45%Administrator, Advisor and Custodian AdministratorSSGA Funds Management, Inc. AdvisorSSgA Funds Management, Inc. CustodianState Street Bank and Trust Company DistributorState Street Global Advisors Funds Distributors, LLC Transfer AgentState Street Bank and Trust Company Trustee Lead Market MakerVirtu Financial SPDR Wells Fargo Preferred Stock ETF (NYSEARCA:PSK) Frequently Asked Questions What is SPDR Wells Fargo Preferred Stock ETF's stock symbol? SPDR Wells Fargo Preferred Stock ETF trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "PSK." How often does SPDR Wells Fargo Preferred Stock ETF pay dividends? What is the dividend yield for SPDR Wells Fargo Preferred Stock ETF? SPDR Wells Fargo Preferred Stock ETF declared a monthly dividend on Wednesday, December 19th. Investors of record on Thursday, December 20th will be given a dividend of $0.3611 per share on Wednesday, December 26th. This represents a $4.33 annualized dividend and a dividend yield of 10.55%. The ex-dividend date is Wednesday, December 19th. This is a boost from SPDR Wells Fargo Preferred Stock ETF's previous monthly dividend of $0.20. View SPDR Wells Fargo Preferred Stock ETF's Dividend History. What price target have analysts set for PSK? 0 brokerages have issued 12 month target prices for SPDR Wells Fargo Preferred Stock ETF's stock. Their predictions range from $10,000,000.00 to $0.00. On average, they anticipate SPDR Wells Fargo Preferred Stock ETF's stock price to reach $0.00 in the next year. This suggests that the stock has a possible downside of 100.0%. View Analyst Price Targets for SPDR Wells Fargo Preferred Stock ETF. What is the consensus analysts' recommendation for SPDR Wells Fargo Preferred Stock ETF? 0 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SPDR Wells Fargo Preferred Stock ETF in the last year. There are currently for the stock, resulting in a consensus recommendation of "N/A." View Analyst Ratings for SPDR Wells Fargo Preferred Stock ETF. Has SPDR Wells Fargo Preferred Stock ETF been receiving favorable news coverage? News stories about PSK stock have been trending negative this week, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. SPDR Wells Fargo Preferred Stock ETF earned a news impact score of -2.5 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an effect on the company's share price in the immediate future. Who are SPDR Wells Fargo Preferred Stock ETF's major shareholders? SPDR Wells Fargo Preferred Stock ETF's stock is owned by a number of of institutional and retail investors. Top institutional investors include North Star Investment Management Corp. (0.00%). Which institutional investors are selling SPDR Wells Fargo Preferred Stock ETF stock? PSK stock was sold by a variety of institutional investors in the last quarter, including North Star Investment Management Corp.. How do I buy shares of SPDR Wells Fargo Preferred Stock ETF? Shares of PSK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab. What is SPDR Wells Fargo Preferred Stock ETF's stock price today? One share of PSK stock can currently be purchased for approximately $41.07. What is SPDR Wells Fargo Preferred Stock ETF's official website? The official website for SPDR Wells Fargo Preferred Stock ETF is https://www.spdrs.com/. How can I contact SPDR Wells Fargo Preferred Stock ETF? SPDR Wells Fargo Preferred Stock ETF's mailing address is 1 Lincoln Street, Boston, MA 02111-2900, United States. The company can be reached via phone at +1-617-7863000. MarketBeat Community Rating for SPDR Wells Fargo Preferred Stock ETF (NYSEARCA PSK)Community Ranking: 2.7 out of 5 ( )Outperform Votes: 44 (Vote Outperform)Underperform Votes: 39 (Vote Underperform)Total Votes: 83MarketBeat's community ratings are surveys of what our community members think about SPDR Wells Fargo Preferred Stock ETF and other stocks. Vote "Outperform" if you believe PSK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PSK will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 1/16/2019 by MarketBeat.com StaffFeatured Article: What is a Call Option?