Modern Wealth Management LLC Makes New Investment in SPDR Global Dow ETF (NYSEARCA:DGT)

Modern Wealth Management LLC purchased a new stake in SPDR Global Dow ETF (NYSEARCA:DGT) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 4,456 shares of the company’s stock, valued at approximately $625,000.

Several other large investors have also recently made changes to their positions in DGT. LPL Financial LLC grew its position in shares of SPDR Global Dow ETF by 29.0% in the 4th quarter. LPL Financial LLC now owns 142,410 shares of the company’s stock worth $18,802,000 after buying an additional 31,989 shares during the last quarter. Commonwealth Equity Services LLC boosted its stake in SPDR Global Dow ETF by 26.2% in the fourth quarter. Commonwealth Equity Services LLC now owns 4,389 shares of the company’s stock valued at $580,000 after acquiring an additional 910 shares in the last quarter. Avantax Advisory Services Inc. grew its holdings in SPDR Global Dow ETF by 37.2% in the fourth quarter. Avantax Advisory Services Inc. now owns 6,635 shares of the company’s stock worth $876,000 after purchasing an additional 1,799 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of SPDR Global Dow ETF during the fourth quarter worth $1,203,000. Finally, Jones Financial Companies Lllp lifted its holdings in shares of SPDR Global Dow ETF by 88.9% during the 4th quarter. Jones Financial Companies Lllp now owns 3,768 shares of the company’s stock valued at $497,000 after purchasing an additional 1,773 shares during the last quarter.

SPDR Global Dow ETF Price Performance

Shares of DGT stock opened at $141.83 on Thursday. The stock’s fifty day moving average price is $140.76 and its 200 day moving average price is $137.43. SPDR Global Dow ETF has a 1-year low of $121.46 and a 1-year high of $144.60. The company has a market cap of $295.01 million, a price-to-earnings ratio of 17.47 and a beta of 0.93.

SPDR Global Dow ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th were paid a dividend of $0.4467 per share. The ex-dividend date of this dividend was Monday, March 24th.

SPDR Global Dow ETF 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.