Heritage Wealth Management Inc. Raises Stake in Davis Select Worldwide ETF (BATS:DWLD)

Heritage Wealth Management Inc. raised its stake in shares of Davis Select Worldwide ETF (BATS:DWLD) by 4.6% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,570 shares of the company’s stock after buying an additional 900 shares during the quarter. Heritage Wealth Management Inc. owned about 0.22% of Davis Select Worldwide ETF worth $780,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of DWLD. Silver Oak Securities Incorporated bought a new position in shares of Davis Select Worldwide ETF in the third quarter valued at approximately $590,000. Confluence Wealth Services Inc. boosted its holdings in Davis Select Worldwide ETF by 76.6% in the 2nd quarter. Confluence Wealth Services Inc. now owns 13,420 shares of the company’s stock valued at $448,000 after purchasing an additional 5,822 shares during the period. Cetera Investment Advisers grew its position 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 valued at $1,141,000 after purchasing an additional 5,592 shares in the last quarter. Raymond James & Associates increased its holdings in shares of Davis Select Worldwide ETF by 4.0% in the second quarter. Raymond James & Associates now owns 53,584 shares of the company’s stock worth $1,787,000 after purchasing an additional 2,039 shares during the period. Finally, Macroview Investment Management LLC purchased a new stake in shares of Davis Select Worldwide ETF in the second quarter worth $64,000.

Davis Select Worldwide ETF Trading Up 2.1 %

BATS:DWLD traded up $0.82 during trading hours on Friday, hitting $39.73. 5,525 shares of the company’s stock traded hands. The company has a 50 day moving average of $36.92 and a two-hundred day moving average of $34.78. The company has a market cap of $367.46 million, a price-to-earnings ratio of 14.94 and a beta of 1.12.

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.