Sherman Wealth Management LLC Acquires Shares of 126,572 SPDR Portfolio Developed World ex-US ETF $SPDW

Sherman Wealth Management LLC acquired a new stake in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 126,572 shares of the company’s stock, valued at approximately $5,416,000. SPDR Portfolio Developed World ex-US ETF accounts for approximately 5.4% of Sherman Wealth Management LLC’s portfolio, making the stock its 4th biggest holding.

Other institutional investors have also modified their holdings of the company. Creative Planning raised its position in SPDR Portfolio Developed World ex-US ETF by 13.2% in the 3rd quarter. Creative Planning now owns 112,764,556 shares of the company’s stock valued at $4,825,195,000 after purchasing an additional 13,128,208 shares during the last quarter. CWM LLC grew its position in SPDR Portfolio Developed World ex-US ETF by 3.2% during the 3rd quarter. CWM LLC now owns 14,633,828 shares of the company’s stock worth $626,182,000 after purchasing an additional 452,210 shares during the last quarter. TIAA Trust National Association increased its stake in SPDR Portfolio Developed World ex-US ETF by 0.4% in the third quarter. TIAA Trust National Association now owns 13,631,083 shares of the company’s stock valued at $583,274,000 after purchasing an additional 50,916 shares during the period. UBS Group AG raised its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 0.3% in the third quarter. UBS Group AG now owns 8,414,089 shares of the company’s stock valued at $360,039,000 after buying an additional 22,915 shares during the last quarter. Finally, Betterment LLC raised its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 24.8% in the second quarter. Betterment LLC now owns 7,726,859 shares of the company’s stock valued at $312,861,000 after buying an additional 1,535,351 shares during the last quarter.

SPDR Portfolio Developed World ex-US ETF Stock Performance

Shares of SPDW opened at $44.27 on Friday. SPDR Portfolio Developed World ex-US ETF has a fifty-two week low of $32.30 and a fifty-two week high of $50.09. The firm has a 50-day simple moving average of $47.28 and a 200-day simple moving average of $44.99. The company has a market capitalization of $33.84 billion, a price-to-earnings ratio of 16.12 and a beta of 0.88.

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.