SPDR S&P International Dividend ETF (NYSEARCA:DWX) Hits New 12-Month High – Should You Buy?

SPDR S&P International Dividend ETF (NYSEARCA:DWX) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as $46.87 and last traded at $46.89, with a volume of 22459 shares trading hands. The stock had previously closed at $46.32.

SPDR S&P International Dividend ETF Trading Up 0.7%

The company’s 50 day moving average is $44.49 and its 200 day moving average is $43.46. The company has a market cap of $519.80 million, a PE ratio of 17.89 and a beta of 0.60.

Institutional Trading of SPDR S&P International Dividend ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Goldman Sachs Group Inc. purchased a new stake in shares of SPDR S&P International Dividend ETF in the fourth quarter valued at approximately $286,000. Northwestern Mutual Wealth Management Co. raised its position in SPDR S&P International Dividend ETF by 3.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 71,765 shares of the company’s stock valued at $3,153,000 after purchasing an additional 2,220 shares in the last quarter. Novak & Powell Financial Services Inc. lifted its holdings in shares of SPDR S&P International Dividend ETF by 1.5% in the 4th quarter. Novak & Powell Financial Services Inc. now owns 19,905 shares of the company’s stock worth $875,000 after buying an additional 297 shares during the period. Baker Avenue Asset Management LP lifted its holdings in shares of SPDR S&P International Dividend ETF by 7.7% in the 4th quarter. Baker Avenue Asset Management LP now owns 246,657 shares of the company’s stock worth $10,837,000 after buying an additional 17,635 shares during the period. Finally, Global Retirement Partners LLC grew its position in shares of SPDR S&P International Dividend ETF by 42.3% during the 4th quarter. Global Retirement Partners LLC now owns 7,400 shares of the company’s stock worth $325,000 after buying an additional 2,200 shares in the last quarter.

SPDR S&P International Dividend ETF Company Profile

SPDR S&P International Dividend ETF (the Fund) seeks to replicate as closely as possible the price and yield performance of the S&P International Dividend Opportunities Index (the Index). The Index is designed to measure the performance of the 100 highest dividend-yielding common stocks and American depository receipts (ADRs) listed in primary exchanges of countries included in the S&P/Citigroup Broad Market Index. The Fund uses a passive management strategy designed to track the price and yield performance of the Index.