Davis Select Worldwide ETF $DWLD Shares Sold by Royal Bank of Canada

Royal Bank of Canada decreased its position in shares of Davis Select Worldwide ETF (BATS:DWLD) by 11.5% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 414,760 shares of the company’s stock after selling 53,837 shares during the period. Royal Bank of Canada owned 4.09% of Davis Select Worldwide ETF worth $15,632,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of DWLD. Advisor Resource Council acquired a new stake in Davis Select Worldwide ETF during the first quarter valued at $283,000. Cambridge Investment Research Advisors Inc. boosted its position in Davis Select Worldwide ETF by 4.7% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 8,419 shares of the company’s stock valued at $317,000 after purchasing an additional 380 shares during the last quarter. OneAscent Financial Services LLC acquired a new stake in Davis Select Worldwide ETF during the first quarter valued at $681,000. Baird Financial Group Inc. acquired a new stake in Davis Select Worldwide ETF during the fourth quarter valued at $1,000,000. Finally, Benjamin Edwards Inc. boosted its position in Davis Select Worldwide ETF by 14.4% during the first quarter. Benjamin Edwards Inc. now owns 38,607 shares of the company’s stock valued at $1,455,000 after purchasing an additional 4,862 shares during the last quarter.

Davis Select Worldwide ETF Trading Up 12.1%

DWLD opened at $44.37 on Thursday. The stock has a market cap of $462.78 million, a price-to-earnings ratio of 15.51 and a beta of 0.82. Davis Select Worldwide ETF has a 1 year low of $30.91 and a 1 year high of $42.79. The stock has a fifty day moving average price of $42.53 and a 200 day moving average price of $39.87.

About Davis Select Worldwide ETF

The Davis Select Worldwide ETF (DWLD) is an exchange-traded fund that is based on the MSCI AWCI index. The fund is an actively-managed portfolio of global equities. The fund seeks long-term capital growth. DWLD was launched on Jan 11, 2017 and is managed by Davis.