Northwestern Mutual Wealth Management Co. Sells 143,170 Shares of SPDR Dow Jones REIT ETF $RWR

Northwestern Mutual Wealth Management Co. reduced its stake in shares of SPDR Dow Jones REIT ETF (NYSEARCA:RWR) by 49.5% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 145,854 shares of the company’s stock after selling 143,170 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 0.88% of SPDR Dow Jones REIT ETF worth $14,327,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Clayton Financial Group LLC purchased a new stake in SPDR Dow Jones REIT ETF during the fourth quarter valued at about $27,000. Larson Financial Group LLC boosted its holdings in shares of SPDR Dow Jones REIT ETF by 153.4% in the 3rd quarter. Larson Financial Group LLC now owns 294 shares of the company’s stock worth $30,000 after purchasing an additional 178 shares in the last quarter. CWM LLC increased its position in shares of SPDR Dow Jones REIT ETF by 119.7% during the 4th quarter. CWM LLC now owns 323 shares of the company’s stock valued at $32,000 after purchasing an additional 176 shares during the last quarter. Laurel Wealth Advisors LLC purchased a new stake in SPDR Dow Jones REIT ETF in the fourth quarter worth approximately $44,000. Finally, Allworth Financial LP boosted its stake in SPDR Dow Jones REIT ETF by 692.1% in the fourth quarter. Allworth Financial LP now owns 499 shares of the company’s stock worth $49,000 after buying an additional 436 shares in the last quarter.

SPDR Dow Jones REIT ETF Price Performance

Shares of NYSEARCA RWR opened at $107.63 on Tuesday. The stock has a market capitalization of $1.76 billion, a P/E ratio of 36.49 and a beta of 0.99. SPDR Dow Jones REIT ETF has a one year low of $94.44 and a one year high of $112.42. The firm’s 50 day simple moving average is $106.98 and its two-hundred day simple moving average is $103.73.

About SPDR Dow Jones REIT ETF

SPDR Dj Wilshire Reit ETF (the Fund), formerly SPDR Dow Jones REIT ETF, seeks to match the returns and characteristics of the Dow Jones U.S. Select REIT Index. The Dow Jones U.S. Select REIT Index consists of companies whose charters are the equity ownership and operation of commercial real estate and which operate under the REIT Act of 1960. Each REIT in the REIT Index is weighted by its float-adjusted market capitalization. That is, each security is weighted to reflect the attainable market performance of the security, which reflects that portion of securities shares that are accessible to investors.