Betterment LLC Decreases Position in SPDR Portfolio Developed World ex-US ETF $SPDW

Betterment LLC decreased its position in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 3.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,498,060 shares of the company’s stock after selling 228,799 shares during the quarter. SPDR Portfolio Developed World ex-US ETF accounts for 0.6% of Betterment LLC’s portfolio, making the stock its 28th largest position. Betterment LLC owned about 1.03% of SPDR Portfolio Developed World ex-US ETF worth $320,842,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in SPDW. Armbruster Capital Management Inc. raised its holdings in SPDR Portfolio Developed World ex-US ETF by 4.3% in the 3rd quarter. Armbruster Capital Management Inc. now owns 5,835 shares of the company’s stock worth $250,000 after acquiring an additional 240 shares during the last quarter. Orleans Capital Management Corp LA increased its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 2.7% in the 2nd quarter. Orleans Capital Management Corp LA now owns 9,780 shares of the company’s stock worth $396,000 after purchasing an additional 260 shares in the last quarter. Canal Capital Management LLC raised its stake in shares of SPDR Portfolio Developed World ex-US ETF by 1.4% in the second quarter. Canal Capital Management LLC now owns 19,397 shares of the company’s stock worth $785,000 after purchasing an additional 262 shares during the last quarter. SBI Securities Co. Ltd. lifted its holdings in shares of SPDR Portfolio Developed World ex-US ETF by 4.9% during the second quarter. SBI Securities Co. Ltd. now owns 5,605 shares of the company’s stock valued at $227,000 after purchasing an additional 264 shares in the last quarter. Finally, Front Row Advisors LLC boosted its position in shares of SPDR Portfolio Developed World ex-US ETF by 11.8% during the second quarter. Front Row Advisors LLC now owns 2,647 shares of the company’s stock valued at $107,000 after buying an additional 280 shares during the last quarter.

SPDR Portfolio Developed World ex-US ETF Stock Performance

NYSEARCA SPDW opened at $45.94 on Friday. SPDR Portfolio Developed World ex-US ETF has a one year low of $32.30 and a one year high of $50.09. The stock has a 50-day moving average of $47.38 and a 200 day moving average of $44.72. The company has a market capitalization of $35.11 billion, a price-to-earnings ratio of 16.12 and a beta of 0.88.

SPDR Portfolio Developed World ex-US ETF Profile

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.