NBT Bank N A NY Has $2.44 Million Stake in SPDR Portfolio Developed World ex-US ETF (NYSEARCA:SPDW)

NBT Bank N A NY is a financial institution based in New York City, United States. The bank has recently reported that it has sold 20,492 shares of SPDR Portfolio Developed World ex-US ETF NYSEARCASPDW in the third quarter, resulting in a 20.7% reduction in its holdings in the company.

SPDR Portfolio Developed World ex-US ETF NYSEARCASPDW is an exchange-traded fund (ETF) that tracks the performance of the Dow Jones U.S. Broad Stock Market Index, which includes large and mid-cap stocks from developed markets outside of the United States. The ETF is listed on the New York Stock Exchange under the ticker symbol NYSEARCASPDW.

NBT Bank N A NY's decision to sell its shares in SPDR Portfolio Developed World ex-US ETF NYSEARCASPDW may be due to a variety of factors, such as changes in the bank's investment strategy or a desire to reduce its exposure to certain types of assets. It is important for investors to carefully consider their investment goals and risk tolerance before making any decisions about their portfolio.