MGB Wealth Management LLC Purchases New Shares in Davis Select Worldwide ETF (BATS:DWLD)

MGB Wealth Management LLC acquired a new stake in Davis Select Worldwide ETF (BATS:DWLD) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 6,438 shares of the company’s stock, valued at approximately $234,000. MGB Wealth Management LLC owned approximately 0.07% of Davis Select Worldwide ETF at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Heritage Wealth Management Inc. raised its position in shares of Davis Select Worldwide ETF by 4.6% in the third quarter. Heritage Wealth Management Inc. now owns 20,570 shares of the company’s stock valued at $780,000 after buying an additional 900 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in Davis Select Worldwide ETF by 139.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,559 shares of the company’s stock valued at $59,000 after acquiring an additional 908 shares in the last quarter. First Horizon Advisors Inc. bought a new stake in shares of Davis Select Worldwide ETF during the 3rd quarter valued at $129,000. Cetera Investment Advisers grew its holdings in shares of Davis Select Worldwide ETF by 19.5% during the 2nd quarter. Cetera Investment Advisers now owns 34,204 shares of the company’s stock worth $1,141,000 after purchasing an additional 5,592 shares in the last quarter. Finally, Janney Montgomery Scott LLC bought a new position in shares of Davis Select Worldwide ETF in the fourth quarter worth $207,000.

Davis Select Worldwide ETF Stock Performance

DWLD stock opened at $38.53 on Thursday. The firm has a market capitalization of $356.37 million, a P/E ratio of 14.94 and a beta of 1.12. The company has a 50 day moving average of $37.37 and a 200-day moving average of $36.65.

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.