Breakwater Investment Management Sells 806 Shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW)

Breakwater Investment Management decreased its position in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 1.3% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 62,687 shares of the company’s stock after selling 806 shares during the period. SPDR Portfolio Developed World ex-US ETF accounts for 1.0% of Breakwater Investment Management’s holdings, making the stock its 24th biggest position. Breakwater Investment Management’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $2,199,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Allworth Financial LP increased its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 3.0% during the first quarter. Allworth Financial LP now owns 28,337,334 shares of the company’s stock valued at $1,015,610,000 after acquiring an additional 832,201 shares in the last quarter. LPL Financial LLC grew its position in SPDR Portfolio Developed World ex-US ETF by 8.8% during the 2nd quarter. LPL Financial LLC now owns 27,846,706 shares of the company’s stock worth $976,862,000 after purchasing an additional 2,244,478 shares during the last quarter. TIAA Trust National Association grew its position in SPDR Portfolio Developed World ex-US ETF by 2.4% during the 2nd quarter. TIAA Trust National Association now owns 12,775,751 shares of the company’s stock worth $448,173,000 after purchasing an additional 296,017 shares during the last quarter. Auto Owners Insurance Co increased its stake in SPDR Portfolio Developed World ex-US ETF by 2.6% during the 4th quarter. Auto Owners Insurance Co now owns 11,466,000 shares of the company’s stock valued at $389,959,000 after purchasing an additional 291,000 shares in the last quarter. Finally, CWM LLC raised its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 6.1% in the second quarter. CWM LLC now owns 10,518,779 shares of the company’s stock worth $368,999,000 after buying an additional 603,173 shares during the last quarter.

SPDR Portfolio Developed World ex-US ETF Price Performance

Shares of SPDW opened at $36.63 on Friday. The company’s fifty day moving average price is $35.92 and its 200-day moving average price is $35.67. SPDR Portfolio Developed World ex-US ETF has a 1-year low of $29.39 and a 1-year high of $37.27. The firm has a market capitalization of $20.71 billion, a PE ratio of 14.67 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.