Modern Wealth Management LLC Invests $625,000 in SPDR Global Dow ETF (NYSEARCA:DGT)

Modern Wealth Management LLC acquired a new stake in shares of SPDR Global Dow ETF (NYSEARCA:DGT) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 4,456 shares of the company’s stock, valued at approximately $625,000. Modern Wealth Management LLC owned 0.28% of SPDR Global Dow ETF at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in DGT. Private Trust Co. NA increased its position in shares of SPDR Global Dow ETF by 9.8% during the fourth quarter. Private Trust Co. NA now owns 1,439 shares of the company’s stock valued at $190,000 after buying an additional 128 shares during the period. Advisors Preferred LLC bought a new position in shares of SPDR Global Dow ETF in the 4th quarter worth approximately $278,000. Sigma Planning Corp purchased a new position in shares of SPDR Global Dow ETF in the 4th quarter valued at approximately $293,000. Synovus Financial Corp bought a new stake in shares of SPDR Global Dow ETF during the third quarter valued at approximately $384,000. Finally, Jones Financial Companies Lllp grew its stake in SPDR Global Dow ETF by 88.9% in the fourth quarter. Jones Financial Companies Lllp now owns 3,768 shares of the company’s stock worth $497,000 after purchasing an additional 1,773 shares during the period.

SPDR Global Dow ETF Trading Down 0.7 %

Shares of SPDR Global Dow ETF stock opened at $141.83 on Thursday. SPDR Global Dow ETF has a 12 month low of $121.46 and a 12 month high of $144.60. The firm has a market capitalization of $295.01 million, a P/E ratio of 17.47 and a beta of 0.93. The business has a fifty day simple moving average of $140.76 and a two-hundred day simple moving average of $137.43.

SPDR Global Dow ETF Announces Dividend

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

SPDR Global Dow ETF Company 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.