SPDR Portfolio Developed World ex-US ETF $SPDW Shares Acquired by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC increased its position in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 10.8% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 439,849 shares of the company’s stock after purchasing an additional 42,898 shares during the quarter. SPDR Portfolio Developed World ex-US ETF accounts for approximately 0.9% of Cornerstone Wealth Management LLC’s investment portfolio, making the stock its 18th largest holding. Cornerstone Wealth Management LLC owned 0.05% of SPDR Portfolio Developed World ex-US ETF worth $22,085,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of SPDW. Vantagepoint Investment Advisers LLC acquired a new stake in shares of SPDR Portfolio Developed World ex-US ETF in the third quarter worth $308,551,000. Commonwealth Equity Services LLC acquired a new position in SPDR Portfolio Developed World ex-US ETF during the third quarter valued at $301,943,000. Advocacy Wealth Management LLC boosted its holdings in SPDR Portfolio Developed World ex-US ETF by 9.2% in the second quarter. Advocacy Wealth Management LLC now owns 2,268,369 shares of the company’s stock valued at $114,303,000 after purchasing an additional 191,999 shares during the last quarter. Cetera Investment Advisers boosted its holdings in SPDR Portfolio Developed World ex-US ETF by 5.0% in the first quarter. Cetera Investment Advisers now owns 2,259,941 shares of the company’s stock valued at $103,166,000 after purchasing an additional 108,548 shares during the last quarter. Finally, Gradient Investments LLC acquired a new stake in SPDR Portfolio Developed World ex-US ETF during the 3rd quarter worth about $108,388,000.

SPDR Portfolio Developed World ex-US ETF Stock Down 0.7%

Shares of SPDW stock opened at $49.32 on Wednesday. The stock has a market cap of $40.85 billion, a PE ratio of 16.12 and a beta of 0.86. The business has a 50-day simple moving average of $50.26 and a 200-day simple moving average of $49.45. SPDR Portfolio Developed World ex-US ETF has a 52-week low of $41.99 and a 52-week high of $52.43.

SPDR Portfolio Developed World ex-US ETF Company 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.