Cornerstone Wealth Management LLC Has $11.39 Million Stock Holdings in SPDR Portfolio Developed World ex-US ETF $SPDW

Cornerstone Wealth Management LLC boosted its position in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 4.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 266,198 shares of the company’s stock after purchasing an additional 11,542 shares during the quarter. SPDR Portfolio Developed World ex-US ETF accounts for about 0.6% of Cornerstone Wealth Management LLC’s investment portfolio, making the stock its 29th biggest holding. Cornerstone Wealth Management LLC’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $11,391,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of SPDW. Creative Planning grew its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 15.0% in the 2nd quarter. Creative Planning now owns 99,636,348 shares of the company’s stock valued at $4,034,276,000 after buying an additional 13,016,546 shares during the period. Allworth Financial LP raised its stake in SPDR Portfolio Developed World ex-US ETF by 1.0% during the 2nd quarter. Allworth Financial LP now owns 31,953,401 shares of the company’s stock worth $1,293,793,000 after buying an additional 306,738 shares during the period. Auto Owners Insurance Co lifted its holdings in SPDR Portfolio Developed World ex-US ETF by 240.8% during the second quarter. Auto Owners Insurance Co now owns 17,576,000 shares of the company’s stock worth $711,652,000 after acquiring an additional 12,419,000 shares in the last quarter. CWM LLC grew its stake in SPDR Portfolio Developed World ex-US ETF by 3.2% in the third quarter. CWM LLC now owns 14,633,828 shares of the company’s stock valued at $626,182,000 after acquiring an additional 452,210 shares during the period. Finally, TIAA Trust National Association increased its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 5.7% in the second quarter. TIAA Trust National Association now owns 13,580,167 shares of the company’s stock worth $549,861,000 after acquiring an additional 730,123 shares in the last quarter.

SPDR Portfolio Developed World ex-US ETF Price Performance

NYSEARCA:SPDW opened at $46.98 on Friday. The business’s 50-day simple moving average is $45.07 and its 200-day simple moving average is $43.26. SPDR Portfolio Developed World ex-US ETF has a fifty-two week low of $32.30 and a fifty-two week high of $47.86. The stock has a market capitalization of $35.91 billion, a PE ratio of 16.12 and a beta of 0.88.

About SPDR Portfolio Developed World ex-US ETF

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.