Baird Financial Group Inc. Makes New $1 Million Investment in Davis Select Worldwide ETF (BATS:DWLD)

Baird Financial Group Inc. acquired a new position in shares of Davis Select Worldwide ETF (BATS:DWLD) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 27,535 shares of the company’s stock, valued at approximately $1,000,000. Baird Financial Group Inc. owned approximately 0.30% of Davis Select Worldwide ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in DWLD. Fjell Capital LLC acquired a new stake in Davis Select Worldwide ETF during the fourth quarter worth approximately $9,499,000. Raymond James Financial Inc. acquired a new position in shares of Davis Select Worldwide ETF in the 4th quarter valued at $4,073,000. Integrity Wealth Advisors Inc. acquired a new position in shares of Davis Select Worldwide ETF in the 4th quarter valued at $2,284,000. Commonwealth Equity Services LLC increased its holdings in shares of Davis Select Worldwide ETF by 22.2% in the 4th quarter. Commonwealth Equity Services LLC now owns 116,766 shares of the company’s stock valued at $4,240,000 after acquiring an additional 21,180 shares during the period. Finally, LPL Financial LLC increased its holdings in shares of Davis Select Worldwide ETF by 13.0% in the 4th quarter. LPL Financial LLC now owns 151,916 shares of the company’s stock valued at $5,516,000 after acquiring an additional 17,491 shares during the period.

Davis Select Worldwide ETF Price Performance

Shares of Davis Select Worldwide ETF stock opened at $40.02 on Wednesday. The firm’s fifty day simple moving average is $37.18 and its 200-day simple moving average is $37.67. The stock has a market capitalization of $405.39 million, a price-to-earnings ratio of 14.22 and a beta of 0.84. Davis Select Worldwide ETF has a 12 month low of $30.91 and a 12 month high of $40.25.

About Davis Select Worldwide ETF

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.