Bay Capital Advisors LLC Boosts Holdings in SPDR Portfolio Developed World ex-US ETF $SPDW

Bay Capital Advisors LLC raised its position in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 7.1% in the fourth quarter, HoldingsChannel.com reports. The fund owned 171,941 shares of the company’s stock after purchasing an additional 11,358 shares during the quarter. SPDR Portfolio Developed World ex-US ETF accounts for approximately 4.7% of Bay Capital Advisors LLC’s portfolio, making the stock its 6th biggest holding. Bay Capital Advisors LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $7,636,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of SPDW. Creative Planning increased its stake in shares of SPDR Portfolio Developed World ex-US ETF by 13.2% during the 3rd quarter. Creative Planning now owns 112,764,556 shares of the company’s stock worth $4,825,195,000 after purchasing an additional 13,128,208 shares during the last quarter. Vantagepoint Investment Advisers LLC acquired a new stake in SPDR Portfolio Developed World ex-US ETF in the 3rd quarter valued at about $279,072,000. Benjamin Edwards Inc. acquired a new stake in SPDR Portfolio Developed World ex-US ETF in the 2nd quarter valued at about $124,021,000. Alliancebernstein L.P. bought a new position in SPDR Portfolio Developed World ex-US ETF during the third quarter worth about $80,086,000. Finally, Betterment LLC increased its position in SPDR Portfolio Developed World ex-US ETF by 24.8% during the second quarter. Betterment LLC now owns 7,726,859 shares of the company’s stock worth $312,861,000 after buying an additional 1,535,351 shares during the last quarter.

SPDR Portfolio Developed World ex-US ETF Stock Up 1.7%

NYSEARCA:SPDW opened at $46.41 on Thursday. The stock’s 50 day moving average price is $47.24 and its two-hundred day moving average price is $45.07. The firm has a market capitalization of $35.47 billion, a price-to-earnings ratio of 16.12 and a beta of 0.88. SPDR Portfolio Developed World ex-US ETF has a 12-month low of $32.30 and a 12-month high of $50.09.

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.