SPDR Portfolio Developed World ex-US ETF $SPDW Stock: Sherman Wealth Management LLC Increases Holdings

Sherman Wealth Management LLC increased its stake in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 7.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 180,699 shares of the company’s stock after buying an additional 12,822 shares during the quarter. SPDR Portfolio Developed World ex-US ETF comprises about 6.4% of Sherman Wealth Management LLC’s holdings, making the stock its 3rd largest position. Sherman Wealth Management LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $9,073,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Horizons Wealth Management purchased a new stake in SPDR Portfolio Developed World ex-US ETF during the 3rd quarter valued at approximately $25,000. TD Waterhouse Canada Inc. purchased a new position in shares of SPDR Portfolio Developed World ex-US ETF in the 2nd quarter valued at approximately $27,000. Ascentis Independent Advisors purchased a new position in shares of SPDR Portfolio Developed World ex-US ETF in the 1st quarter valued at approximately $36,000. Johnson Financial Group Inc. purchased a new position in shares of SPDR Portfolio Developed World ex-US ETF in the 1st quarter valued at approximately $37,000. Finally, GK Wealth Management LLC acquired a new position in shares of SPDR Portfolio Developed World ex-US ETF in the third quarter valued at approximately $40,000.

SPDR Portfolio Developed World ex-US ETF Trading Up 0.6%

NYSEARCA:SPDW opened at $49.52 on Friday. The firm has a market cap of $40.50 billion, a P/E ratio of 16.12 and a beta of 0.85. The stock’s 50 day simple moving average is $51.15 and its 200-day simple moving average is $50.15. SPDR Portfolio Developed World ex-US ETF has a 12-month low of $41.99 and a 12-month high of $52.43.

SPDR Portfolio Developed World ex-US ETF Profile

SPDR S&P World ex US ETF (the Fund) seeks to replicate as closely as possible total return performance of the S&P/Citigroup BMI World Ex US Index (the Index). The Index is a market capitalization-weighted index that defines and measures the investable universe of publicly traded companies domiciled in developed countries outside the United States. The Index is float adjusted, meaning that only those shares publicly available to investors are included in the Index calculation. The Fund uses a passive management strategy designed to track the price and yield performance of the Index.