SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) Stock Position Lessened by Total Investment Management Inc.

Total Investment Management Inc. cut its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 1.2% in the first quarter, HoldingsChannel.com reports. The fund owned 175,218 shares of the exchange traded fund’s stock after selling 2,172 shares during the period. SPDR Dow Jones Industrial Average ETF Trust accounts for 8.8% of Total Investment Management Inc.’s holdings, making the stock its 3rd biggest position. Total Investment Management Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $69,695,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Venture Visionary Partners LLC increased its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 3.5% in the 4th quarter. Venture Visionary Partners LLC now owns 13,590 shares of the exchange traded fund’s stock worth $5,122,000 after purchasing an additional 454 shares in the last quarter. Cutter & CO Brokerage Inc. grew its holdings in SPDR Dow Jones Industrial Average ETF Trust by 1.1% during the 4th quarter. Cutter & CO Brokerage Inc. now owns 3,860 shares of the exchange traded fund’s stock valued at $1,455,000 after buying an additional 42 shares in the last quarter. Coastwise Capital Group LLC increased its stake in SPDR Dow Jones Industrial Average ETF Trust by 71.4% in the 4th quarter. Coastwise Capital Group LLC now owns 13,508 shares of the exchange traded fund’s stock worth $5,091,000 after acquiring an additional 5,628 shares during the last quarter. TIAA Trust National Association raised its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 10.7% during the 4th quarter. TIAA Trust National Association now owns 3,125 shares of the exchange traded fund’s stock worth $1,178,000 after acquiring an additional 302 shares in the last quarter. Finally, Sowell Financial Services LLC boosted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 0.7% during the 4th quarter. Sowell Financial Services LLC now owns 16,055 shares of the exchange traded fund’s stock valued at $6,064,000 after acquiring an additional 114 shares during the last quarter. 37.11% of the stock is owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Trading Down 0.1 %

Shares of DIA stock traded down $0.43 on Friday, reaching $391.13. The company’s stock had a trading volume of 3,624,358 shares, compared to its average volume of 2,526,586. The stock’s fifty day simple moving average is $389.32 and its 200-day simple moving average is $385.44. SPDR Dow Jones Industrial Average ETF Trust has a 1 year low of $323.21 and a 1 year high of $400.99.

SPDR Dow Jones Industrial Average ETF Trust Profile

SPDR Dow Jones Industrial Average ETF Trust (the Trust) is a unit investment, which issues securities called trust units or units. The Trust seeks to provide investment results that, before expenses, generally correspond to the price and yields performance of the Dow Jones Industrial Average. The Dow Jones Industrial Average is an Index of 30 blue chip United States stocks.