WMW - ELEMENTS Morningstar WideMoat Foc TR ETN

NYSEArca - NYSEArca Delayed Price. Currency in USD
32.60
+0.04 (+0.12%)
At close: 2:16PM EDT
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Previous Close32.56
Open32.59
Bid0.00 x 0
Ask0.00 x 1800
Day's Range32.57 - 32.60
52 Week Range26.75 - 32.60
Volume2,233
Avg. Volume504
Net Assets30.79M
NAV32.07
PE Ratio (TTM)N/A
Yield0.00%
YTD Return6.86%
Beta (3y)1.14
Expense Ratio (net)0.75%
Inception Date2007-10-17
Trade prices are not sourced from all markets
  • The Wall Street Journal7 hours ago

    [$$] Deutsche Bank Brings Noble Bondholders A Surprise Offer

    Deutsche Bank has launched an unexpected offer to buy bonds of Singapore-listed commodity trader Noble Group Ltd., days before a shareholder vote on a $3.5 billion restructuring. The embattled Noble has been pursuing the restructuring for months as it seeks to stay afloat, address a liquidity crunch and in due course provide a return to shareholders who have watched the company’s market value decline to about $110 million from a peak of more than $11 billion in 2011. It wasn’t immediately clear if Deutsche Bank was acting on behalf of another company or for itself, although banks typically handle bond tenders like this for clients.

  • These 3 Stocks Have Low Price-to-Free-Cash-Flow Ratios
    GuruFocus.com14 hours ago

    These 3 Stocks Have Low Price-to-Free-Cash-Flow Ratios

    Genworth Financial Inc. (GNW) is trading at $4.57 per share on the New York Stock Exchange and has a market capitalization of $2.29 billion. The share price is nearly 72% above the 52-week low of $2.66 and only 7.7% off the 52-week high of $4.92. Warning! GuruFocus has detected 4 Warning Signs with GNW.

  • Bloomberg2 days ago

    Deutsche Bank Traders Reaped $35 Million on Turkey Turmoil

    Deutsche Bank AG fixed-income traders generated a $35 million profit in two weeks as economic turmoil in Turkey triggered a slump in assets across emerging markets, according to people with knowledge of the matter. The traders, who work on a desk focused on Central and Eastern Europe, the Middle East and Africa, made more than $10 million on Aug. 10 when the Turkish lira plunged the most in almost two decades, the people said, asking not to be identified discussing private information. The desk, run by Aditya Singhal, has made about $135 million this year, the people said.

  • Deutsche Bank, Barclays Fortunes Differ in Turkish Turmoil Bets
    Bloomberg2 days ago

    Deutsche Bank, Barclays Fortunes Differ in Turkish Turmoil Bets

    Deutsche Bank AG traders generated a $35 million profit in two weeks sparked by economic turmoil in Turkey. The Deutsche Bank fixed-income traders, who work on a desk focused on central and eastern Europe, the Middle East and Africa, made more than $10 million on Aug. 10 when the Turkish lira plunged the most in almost two decades, the people said, asking not to be identified discussing private information. The team was positioned to profit from any slump in asset prices across the region, they said.

  • Financial Times4 days ago

    [$$] Deutsche Bank board to discuss investment bank boss contract in October

    Deutsche Bank’s supervisory board will discuss extending the contracts of its investment bank boss Garth Richie and a small number of other senior executives at its October meeting, a spokesperson told the Financial Times. German media reported earlier that Mr Ritchie’s contract, which is due to expire at the end of the year, had not yet been renewed. Mr Ritchie considered his future at the bank earlier this year, around the same time as chief executive John Cryan stepped down, but the South African was ultimately promoted to sole head of the investment bank.

  • Meet the German Fintech That's Now Worth More Than Deutsche Bank
    Bloomberg4 days ago

    Meet the German Fintech That's Now Worth More Than Deutsche Bank

    A payments provider that gets 5 percent as much revenue as Deutsche Bank AG is now worth more than the German lender deemed by regulators to be one of the world’s most important banks. The stock, which has climbed by more than 84 percent this year, is set to join the country’s benchmark DAX index next month, possibly at the expense of Commerzbank AG. Payments companies are popular with investors because they can profit from the rapid global growth of online commerce and the use of mobile devices for banking -- without having to bear the costs of providing and managing long-term credit to the economy.

  • Bloomberg4 days ago

    Germany's Battered Banks Face Another Indignity: Index Ouster

    Deutsche Bank AG and Commerzbank AG -- hold the indignity of being the worst performers among European peers this year. Commerzbank, a member of Germany’s DAX Index since its inception in 1988, is in danger of losing its membership to payments provider Wirecard AG, whose shares have climbed more than 30-fold over the last 10 years as the established player lost more than 90 percent of its value. Commerzbank -- with a market valuation of just 10.4 billion euros -- is the lowest-ranking member of the 30 companies that comprise the DAX, while Wirecard would place just outside the top 20, making it a potential entry candidate in the quarterly re-balancing in September.

  • Benzinga4 days ago

    Analyst Says Things Could Get Worse For Deutsche Bank's Stock

    Deutsche Bank AG (USA) (NYSE: DB ) stock is down nearly 40 percent year-to-date, but one analyst says things are going to get much worse for Deutsche Bank investors before they get better. The Analyst ...

  • TheStreet.com5 days ago

    Deutsche Bank Is Too Big to Fail

    is a pillar of the German economy, and by extension, Europe's economy. Last week, Deutsche Bank stock reached its lowest level in decades, and earlier this month, the bank's senior non-preferred bonds were downgraded by Moody's to one level above junk. When Deutsche Bank reported earnings last week, the initial reaction was somewhat positive.

  • TheStreet.com5 days ago

    Turkey Is the Least of Deutsche Bank's Problems, Analysts Say

    As concerns about potential "contagion" from Turkey's currency crisis and potential spillover effect on the European banking industry, analysts told Real Money that the main concern at Deutsche has much more to do with the company's internal figures and management than any international crises. "Turkey shouldn't be a big risk for Deutsche Bank," Philipp Hässler, equinet Bank AG analyst told Real Money by phone, noting Turkey is not one of their larger exposures.

  • TheStreet.com5 days ago

    Deutsche Bank Downgraded by Bank of America as Balance Sheet Shrinks

    is set to be a smaller company, Bank of America Corp. Bank of America expects Deutsche Bank to see weakness in earnings per share, as a number of headwinds will weigh on German bank's earnings. " Sustainable growth is out of reach," it added.

  • TheStreet.com5 days ago

    Deutsche Bank: A Good Example of the Pressure Banks Are Under

    The dip buyers were so anxious to buy the "Turkey Contagion" headlines that appeared overnight that they had the indices back in green before the open. The DJIA was indicated down around 120 points or so overnight but is now up around 40 points.

  • Deutsche Bank's McMurdo Says Asia Cuts `Largely Completed'
    Bloomberg5 days ago

    Deutsche Bank's McMurdo Says Asia Cuts `Largely Completed'

    Deutsche Bank AG has almost finished restructuring its Asian investment-banking business and plans to add bankers in the coming months, said regional head James McMurdo. “Yes we did trim, but we trimmed where we thought we were less competitive, or where we thought the opportunity was not that significant and that has largely been completed,” McMurdo, who leads corporate and investment banking for Asia Pacific, said in a phone interview Monday. McMurdo reiterated the lender is focused on Asia, servicing clients in local markets as well as global capital markets and cross-border deals.

  • Rich Asians Give Deutsche Bank Crazy Growth Potential
    Bloomberg8 days ago

    Rich Asians Give Deutsche Bank Crazy Growth Potential

    In Deutsche Bank AG Chief Executive Officer Christian Sewing’s push to get back into growth mode, there’s one specific business in which there are pretty much no hiring limits. The private bank in Asia is still recruiting, even after bringing on board about 100 relationship managers and support staff in the first half, Lok Yim, who runs the Asia-Pacific wealth business, said in an interview. Few businesses offers such eye-watering opportunities for global banks right now as catering to Asia’s swelling millionaire class.

  • Deutsche Bank Taps Into Employee Perks for Cutting Costs
    Bloomberg8 days ago

    Deutsche Bank Taps Into Employee Perks for Cutting Costs

    Bloomberg's Laura Keller reports on Deutsche Bank AG's cost-cutting activity. She speaks on "Bloomberg Markets." (Source: Bloomberg)

  • Deutsche Bank Cuts Again. Not Even Fruit Bowls Are Safe
    Bloomberg9 days ago

    Deutsche Bank Cuts Again. Not Even Fruit Bowls Are Safe

    The list of perks at Deutsche Bank AG is shrinking fast. The frugal ethos described by half a dozen people with knowledge of the company’s policies reflects Chief Executive Officer Christian Sewing’s focus on saving after a series of botched turnaround efforts. The appointment of a new chief operating officer, Frank Kuhnke, as a direct report to Sewing is a signal that the CEO wants to have better control over processes and expenses.

  • Investopedia9 days ago

    3 ETPs to Play Buffett's Moat Advantage

    Learn about Warren Buffett's "moat" investment strategy and discover three ETPs that provide exposure to companies with an economic moat.

  • Reuters10 days ago

    MOVES-Sanne Group, Deutsche Bank, Natixis

    The following financial services industry appointments were announced on Wednesday. To inform us of other job changes, email moves@thomsonreuters.com. ** SANNE GROUP PLC Britain's Sanne Group Plc named ...

  • Deutsche Bank's Lee Leaving Amid Southeast Asia Departures
    Bloomberg10 days ago

    Deutsche Bank's Lee Leaving Amid Southeast Asia Departures

    Deutsche Bank AG’s Southeast Asia vice chairman Philip Lee is leaving the German lender, capping a string of senior departures in the region. Lee, also the chief country officer for Singapore, is departing to pursue other interests, after building out the bank’s Southeast Asia client franchise over the past five years, according to an internal memo obtained by Bloomberg. David Lynne, who leads its global transaction banking team in Asia Pacific, will become Singapore chief country officer, the memo shows.

  • Barrons.com11 days ago

    Deutsche Bank in Hiring, Growth Mode

    Deutsche Bank’s U.S. wealth-management arm plans to expand its relationship-manager ranks by 25% this year as it pushes for growth. Orders from the top are to “grow, grow, grow,” head of Americas wealth management Patrick Campion tells the publication. Two years ago, the company sold most of its U.S. private banking business to Raymond James.

  • Deutsche Bank Seeks to Grow U.S. Wealth Management Unit
    Zacks11 days ago

    Deutsche Bank Seeks to Grow U.S. Wealth Management Unit

    Deutsche Bank (DB) takes steps to expand operations in United States as the wealth managing market looks attractive.

  • Financial Times12 days ago

    [$$] Deutsche Bank to expand US wealth management division

    Deutsche Bank is on a mission to “grow, grow, grow” its US wealth management division and will expand its team of relationship managers there by 25 per cent this year, head of Americas wealth management ...

  • Bloomberg14 days ago

    Deutsche Bank Is Downgraded by Moody's on Change in German Law

    Deutsche Bank AG had its credit rating cut to the lowest investment-grade level by Moody’s Investors Service, which cited a change in German law that took effect last month. Moody’s downgraded the bank’s senior debt to Baa3 from Baa2 and reclassified the bonds as junior senior debt. It “follows the introduction of a new senior unsecured debt class in Germany that ranks above outstanding” senior unsecured debt instruments, Moody’s said Friday in a statement.

  • Deutsche Bank Has Some Debt Cut by Moody’s to a Step Above Junk
    Bloomberg14 days ago

    Deutsche Bank Has Some Debt Cut by Moody’s to a Step Above Junk

    Deutsche Bank AG had the credit rating of one type of debt cut by Moody’s Investors Service after a change in German law last month paved the way for a more senior kind of borrowing. In a move that was widely anticipated, Moody’s downgraded the bank’s senior non-preferred debt to Baa3 -- the lowest investment grade -- from Baa2 and reclassified the bonds as “junior senior” debt. Deutsche Bank Chief Financial Officer James von Moltke, in a call with analysts on July 25, called the expected downgrade a “technical adjustment” as a result of the legislative change.

  • Bloomberg15 days ago

    Deutsche Bank Tries to Reboot Florida Outpost Plagued by Exits

    As Deutsche Bank AG pares back in the U.S. from New York to Houston, there’s one outpost where the beleaguered German lender is hiring: Jacksonville, Florida. The company aims to boost the number of front-office workers there by year-end, to more than 200, largely in the corporate-finance and global-transaction businesses, according to a person with knowledge of the plans. In sum, more than 100 positions across the Jacksonville office will be added, the person said, asking not to be identified discussing company strategy.