Cetera Investment Advisers Raises Position in Davis Select Worldwide ETF $DWLD

Cetera Investment Advisers grew its holdings in shares of Davis Select Worldwide ETF (BATS:DWLD) by 7.1% in the first quarter, HoldingsChannel reports. The fund owned 780,871 shares of the company’s stock after purchasing an additional 52,074 shares during the quarter. Cetera Investment Advisers owned approximately 0.07% of Davis Select Worldwide ETF worth $34,210,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Morgan Stanley raised its holdings in Davis Select Worldwide ETF by 7.1% in the 4th quarter. Morgan Stanley now owns 1,680,607 shares of the company’s stock worth $78,384,000 after purchasing an additional 111,744 shares during the period. LPL Financial LLC increased its position in Davis Select Worldwide ETF by 64.0% in the fourth quarter. LPL Financial LLC now owns 388,586 shares of the company’s stock worth $18,124,000 after buying an additional 151,593 shares in the last quarter. Stifel Financial Corp increased its position in Davis Select Worldwide ETF by 3.3% in the fourth quarter. Stifel Financial Corp now owns 336,128 shares of the company’s stock worth $15,677,000 after buying an additional 10,648 shares in the last quarter. Royal Bank of Canada raised its stake in shares of Davis Select Worldwide ETF by 2.6% in the fourth quarter. Royal Bank of Canada now owns 320,639 shares of the company’s stock worth $14,955,000 after buying an additional 8,092 shares during the period. Finally, Raymond James Financial Inc. raised its stake in shares of Davis Select Worldwide ETF by 6.3% in the third quarter. Raymond James Financial Inc. now owns 207,930 shares of the company’s stock worth $9,405,000 after buying an additional 12,260 shares during the period.

Davis Select Worldwide ETF Stock Up 0.4%

DWLD stock opened at $46.71 on Friday. Davis Select Worldwide ETF has a twelve month low of $40.69 and a twelve month high of $49.01. The stock has a market cap of $487.19 million, a P/E ratio of 15.51 and a beta of 0.82. The business’s 50-day moving average price is $47.11 and its 200-day moving average price is $46.42.

Davis Select Worldwide ETF Company Profile

The Davis Select Worldwide ETF (DWLD) is an exchange-traded fund that is based on the MSCI AWCI index. The fund is an actively-managed portfolio of global equities. The fund seeks long-term capital growth. DWLD was launched on Jan 11, 2017 and is managed by Davis.