SPDR S&P International Dividend ETF (NYSEARCA:DWX) Reaches New 12-Month High – Time to Buy?

Shares of SPDR S&P International Dividend ETF (NYSEARCA:DWX) hit a new 52-week high on Monday . The stock traded as high as $48.24 and last traded at $48.2150, with a volume of 2263 shares trading hands. The stock had previously closed at $48.07.

SPDR S&P International Dividend ETF Stock Up 0.8%

The stock has a 50 day moving average of $45.38 and a 200 day moving average of $43.90. The company has a market capitalization of $531.35 million, a price-to-earnings ratio of 17.89 and a beta of 0.60.

Institutional Investors Weigh In On SPDR S&P International Dividend ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Financial Network Wealth Advisors LLC boosted its holdings in shares of SPDR S&P International Dividend ETF by 179.7% in the fourth quarter. Financial Network Wealth Advisors LLC now owns 607 shares of the company’s stock worth $27,000 after acquiring an additional 390 shares during the period. CWM LLC raised its stake in shares of SPDR S&P International Dividend ETF by 53.5% during the 3rd quarter. CWM LLC now owns 1,070 shares of the company’s stock valued at $46,000 after purchasing an additional 373 shares during the period. Harbor Investment Advisory LLC lifted its holdings in SPDR S&P International Dividend ETF by 87.3% during the 4th quarter. Harbor Investment Advisory LLC now owns 1,555 shares of the company’s stock worth $68,000 after purchasing an additional 725 shares in the last quarter. Sage Mountain Advisors LLC bought a new position in SPDR S&P International Dividend ETF in the 3rd quarter worth about $88,000. Finally, Milestone Investment Advisors LLC grew its holdings in SPDR S&P International Dividend ETF by 88.2% during the 3rd quarter. Milestone Investment Advisors LLC now owns 2,351 shares of the company’s stock valued at $100,000 after buying an additional 1,102 shares in the last quarter.

SPDR S&P International Dividend ETF Company Profile

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.