SPDR S&P International Dividend ETF (NYSEARCA:DWX) Hits New 1-Year High – What’s Next?

SPDR S&P International Dividend ETF (NYSEARCA:DWX)’s share price reached a new 52-week high on Tuesday . The company traded as high as $45.86 and last traded at $45.8550, with a volume of 6185 shares traded. The stock had previously closed at $45.65.

SPDR S&P International Dividend ETF Stock Up 0.3%

The company has a 50-day moving average price of $44.11 and a 200-day moving average price of $43.26. The company has a market capitalization of $501.40 million, a price-to-earnings ratio of 17.89 and a beta of 0.60.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Royal Bank of Canada increased its position in SPDR S&P International Dividend ETF by 20.0% during the first quarter. Royal Bank of Canada now owns 105,992 shares of the company’s stock worth $4,065,000 after acquiring an additional 17,654 shares during the period. Red Tortoise LLC acquired a new stake in SPDR S&P International Dividend ETF in the 2nd quarter worth $2,002,000. Concord Asset Management LLC VA grew its position in SPDR S&P International Dividend ETF by 28.5% in the 2nd quarter. Concord Asset Management LLC VA now owns 228,260 shares of the company’s stock worth $9,621,000 after purchasing an additional 50,561 shares during the last quarter. Axxcess Wealth Management LLC increased its holdings in shares of SPDR S&P International Dividend ETF by 20.6% during the 2nd quarter. Axxcess Wealth Management LLC now owns 10,850 shares of the company’s stock worth $457,000 after purchasing an additional 1,850 shares during the period. Finally, VestGen Investment Management acquired a new position in shares of SPDR S&P International Dividend ETF during the second quarter valued at about $510,000.

About SPDR S&P International Dividend ETF

SPDR S&P International Dividend ETF (the Fund) seeks to replicate as closely as possible the price and yield performance of the S&P International Dividend Opportunities Index (the Index). The Index is designed to measure the performance of the 100 highest dividend-yielding common stocks and American depository receipts (ADRs) listed in primary exchanges of countries included in the S&P/Citigroup Broad Market Index. The Fund uses a passive management strategy designed to track the price and yield performance of the Index.