Baird Financial Group Inc. Raises Stock Position in Davis Select Worldwide ETF $DWLD

Baird Financial Group Inc. boosted its position in shares of Davis Select Worldwide ETF (BATS:DWLD) by 502.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 165,875 shares of the company’s stock after purchasing an additional 138,340 shares during the period. Baird Financial Group Inc. owned approximately 1.64% of Davis Select Worldwide ETF worth $6,252,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Advisor Resource Council purchased a new position in Davis Select Worldwide ETF during the first quarter worth about $283,000. Cambridge Investment Research Advisors Inc. raised its stake in Davis Select Worldwide ETF by 4.7% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 8,419 shares of the company’s stock worth $317,000 after purchasing an additional 380 shares during the period. OneAscent Financial Services LLC purchased a new position in Davis Select Worldwide ETF during the first quarter worth about $681,000. Benjamin Edwards Inc. raised its stake in Davis Select Worldwide ETF by 2.8% during the fourth quarter. Benjamin Edwards Inc. now owns 33,745 shares of the company’s stock worth $1,225,000 after purchasing an additional 930 shares during the period. Finally, Cetera Investment Advisers raised its stake in Davis Select Worldwide ETF by 29.2% during the fourth quarter. Cetera Investment Advisers now owns 41,777 shares of the company’s stock worth $1,517,000 after purchasing an additional 9,436 shares during the period.

Davis Select Worldwide ETF Stock Performance

Davis Select Worldwide ETF stock opened at $43.52 on Thursday. The company’s 50 day simple moving average is $42.27 and its 200-day simple moving average is $39.71. The company has a market capitalization of $453.96 million, a price-to-earnings ratio of 15.51 and a beta of 0.82. Davis Select Worldwide ETF has a 1 year low of $30.91 and a 1 year high of $42.79.

Davis Select Worldwide ETF Profile

The Davis Select Worldwide ETF (DWLD) is an exchange-traded fund that is based on the MSCI AWCI index. The fund is an actively-managed portfolio of global equities. The fund seeks long-term capital growth. DWLD was launched on Jan 11, 2017 and is managed by Davis.