Wealth Quarterback LLC Reduces Stake in SPDR Dow Jones Industrial Average ETF Trust $DIA

Wealth Quarterback LLC trimmed its position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 35.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,131 shares of the exchange traded fund’s stock after selling 10,384 shares during the period. SPDR Dow Jones Industrial Average ETF Trust accounts for 4.0% of Wealth Quarterback LLC’s portfolio, making the stock its 4th biggest position. Wealth Quarterback LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $8,430,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Goldman Sachs Group Inc. grew its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 46.9% in 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 buying an additional 904,328 shares during the period. Hancock Prospecting Pty Ltd lifted its position in 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 valued at $356,801,000 after acquiring an additional 404,484 shares during the period. Ameriprise Financial Inc. boosted its stake in SPDR Dow Jones Industrial Average ETF Trust by 7.5% during the first quarter. Ameriprise Financial Inc. now owns 591,776 shares of the exchange traded fund’s stock worth $249,342,000 after acquiring an additional 41,209 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in SPDR Dow Jones Industrial Average ETF Trust by 3.1% in the second quarter. Envestnet Asset Management Inc. now owns 266,751 shares of the exchange traded fund’s stock worth $117,544,000 after purchasing an additional 7,927 shares during the period. Finally, Commonwealth Equity Services LLC grew its holdings in SPDR Dow Jones Industrial Average ETF Trust by 5.9% in the second quarter. Commonwealth Equity Services LLC now owns 260,501 shares of the exchange traded fund’s stock worth $114,790,000 after purchasing an additional 14,621 shares during the period. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

DIA stock opened at $479.41 on Wednesday. The firm has a 50 day moving average price of $465.02 and a 200-day moving average price of $445.14. SPDR Dow Jones Industrial Average ETF Trust has a 52-week low of $366.32 and a 52-week high of $480.39. The firm has a market capitalization of $42.71 billion, a price-to-earnings ratio of 22.20 and a beta of 0.91.

About SPDR Dow Jones Industrial Average ETF Trust

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.