Strait & Sound Wealth Management LLC Reduces Position in SPDR Dow Jones Industrial Average ETF Trust $DIA

Strait & Sound Wealth Management LLC cut its position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 20.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,095 shares of the exchange traded fund’s stock after selling 529 shares during the period. Strait & Sound Wealth Management LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $923,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in DIA. Goldman Sachs Group Inc. boosted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 46.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,833,063 shares of the exchange traded fund’s stock worth $1,189,547,000 after purchasing an additional 904,328 shares during the period. Hancock Prospecting Pty Ltd boosted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 90.8% during the 1st quarter. Hancock Prospecting Pty Ltd now owns 849,769 shares of the exchange traded fund’s stock worth $356,801,000 after purchasing an additional 404,484 shares during the period. Kingstone Capital Partners Texas LLC purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 2nd quarter valued at about $84,348,000. Pinkerton Retirement Specialists LLC boosted its position in SPDR Dow Jones Industrial Average ETF Trust by 199.5% in the 1st quarter. Pinkerton Retirement Specialists LLC now owns 257,426 shares of the exchange traded fund’s stock valued at $108,088,000 after buying an additional 171,476 shares during the period. Finally, Hsbc Holdings PLC boosted its position in SPDR Dow Jones Industrial Average ETF Trust by 7,182.7% in the 1st quarter. Hsbc Holdings PLC now owns 124,899 shares of the exchange traded fund’s stock valued at $52,424,000 after buying an additional 123,184 shares during the period. 37.11% of the stock is owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

SPDR Dow Jones Industrial Average ETF Trust stock opened at $472.21 on Friday. The stock has a market cap of $41.81 billion, a price-to-earnings ratio of 22.20 and a beta of 0.94. SPDR Dow Jones Industrial Average ETF Trust has a 1 year low of $366.32 and a 1 year high of $473.24. The firm has a 50-day moving average of $460.00 and a two-hundred day moving average of $438.13.

SPDR Dow Jones Industrial Average ETF Trust Company 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.