Northwestern Mutual Wealth Management Co. Raises Stock Position in SPDR Global Dow ETF $DGT

Northwestern Mutual Wealth Management Co. increased its position in shares of SPDR Global Dow ETF (NYSEARCA:DGT) by 392.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 27,130 shares of the company’s stock after buying an additional 21,621 shares during the period. Northwestern Mutual Wealth Management Co. owned about 0.90% of SPDR Global Dow ETF worth $4,523,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Members Advisory Group LLC increased its stake in SPDR Global Dow ETF by 58.2% during the 4th quarter. Members Advisory Group LLC now owns 119,871 shares of the company’s stock worth $19,984,000 after buying an additional 44,113 shares during the period. Fagan Associates Inc. increased its stake in SPDR Global Dow ETF by 3.3% during the 4th quarter. Fagan Associates Inc. now owns 75,266 shares of the company’s stock worth $12,547,000 after buying an additional 2,426 shares during the period. Baltimore Washington Financial Advisors Inc. increased its stake in SPDR Global Dow ETF by 6.0% during the 3rd quarter. Baltimore Washington Financial Advisors Inc. now owns 74,515 shares of the company’s stock worth $12,053,000 after buying an additional 4,187 shares during the period. Jane Street Group LLC increased its stake in SPDR Global Dow ETF by 234.5% during the 1st quarter. Jane Street Group LLC now owns 54,936 shares of the company’s stock worth $7,680,000 after buying an additional 38,512 shares during the period. Finally, Onyx Bridge Wealth Group LLC increased its stake in SPDR Global Dow ETF by 65.8% during the 3rd quarter. Onyx Bridge Wealth Group LLC now owns 41,534 shares of the company’s stock worth $6,718,000 after buying an additional 16,478 shares during the period.

SPDR Global Dow ETF Price Performance

SPDR Global Dow ETF stock opened at $187.30 on Thursday. SPDR Global Dow ETF has a 12-month low of $144.54 and a 12-month high of $188.68. The company has a market capitalization of $608.73 million, a price-to-earnings ratio of 15.93 and a beta of 0.81. The firm’s fifty day moving average price is $179.26 and its 200 day moving average price is $173.80.

SPDR Global Dow ETF Company Profile

SPDR Global Dow ETF (the Fund), formerly SPDR DJ Global Titans ETF, is an open-end investment management company. The Fund seeks to replicate as closely as possible, the performance of the Dow Jones Global Titans 50 Index U.S. Close (the Index). The Index includes 50 stocks of multinational blue-chip companies that are traded on United States or foreign stock exchange. The Index component stocks are chosen by Dow Jones based on the combination of market data and fundamental data, such as float-adjusted market capitalization, sales/revenue and net profit.