Grimes & Company Inc. raised its stake in shares of SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW) by 1,677.3% in the first quarter, HoldingsChannel reports. The institutional investor owned 1,440,058 shares of the company’s stock after acquiring an additional 1,359,032 shares during the period. SPDR Portfolio Developed World ex-US ETF makes up about 3.3% of Grimes & Company Inc.’s holdings, making the stock its 6th largest holding. Grimes & Company Inc.’s holdings in SPDR Portfolio Developed World ex-US ETF were worth $42,064,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in SPDW. Morgan Stanley grew its holdings in SPDR Portfolio Developed World ex-US ETF by 6.3% during the 3rd quarter. Morgan Stanley now owns 480,886 shares of the company’s stock valued at $14,797,000 after buying an additional 28,555 shares in the last quarter. Great Lakes Advisors LLC purchased a new stake in SPDR Portfolio Developed World ex-US ETF during the 3rd quarter valued at approximately $714,000. Boston Standard Wealth Management LLC grew its holdings in SPDR Portfolio Developed World ex-US ETF by 7.2% during the 4th quarter. Boston Standard Wealth Management LLC now owns 633,127 shares of the company’s stock valued at $16,746,000 after buying an additional 42,776 shares in the last quarter. Affiance Financial LLC purchased a new stake in SPDR Portfolio Developed World ex-US ETF during the 4th quarter valued at approximately $4,363,000. Finally, Pure Financial Advisors Inc. grew its holdings in SPDR Portfolio Developed World ex-US ETF by 35.7% during the 4th quarter. Pure Financial Advisors Inc. now owns 539,913 shares of the company’s stock valued at $14,281,000 after buying an additional 142,098 shares in the last quarter.

Shares of SPDW opened at $29.27 on Wednesday. SPDR Portfolio Developed World ex-US ETF has a 1 year low of $25.54 and a 1 year high of $32.45.

TRADEMARK VIOLATION NOTICE: This piece of content was published by Daily Political and is owned by of Daily Political. If you are viewing this piece of content on another site, it was stolen and republished in violation of U.S. and international copyright legislation. The legal version of this piece of content can be viewed at https://www.dailypolitical.com/2019/05/08/grimes-company-inc-has-42-06-million-position-in-spdr-portfolio-developed-world-ex-us-etf-spdw.html.

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.

Read More: Outstanding Shares, Buying and Selling Stocks

Want to see what other hedge funds are holding SPDW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW).

Institutional Ownership by Quarter for SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW)

Receive News & Ratings for SPDR Portfolio Developed World ex-US ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio Developed World ex-US ETF and related companies with MarketBeat.com's FREE daily email newsletter.