SPDR Dow Jones REIT ETF (NYSEARCA:RWR) Stake Raised by Piedmont Capital Management LLC

Piedmont Capital Management LLC increased its stake in shares of SPDR Dow Jones REIT ETF (NYSEARCA:RWR) by 0.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 111,512 shares of the company’s stock after purchasing an additional 895 shares during the quarter. SPDR Dow Jones REIT ETF accounts for 6.6% of Piedmont Capital Management LLC’s holdings, making the stock its 5th largest holding. Piedmont Capital Management LLC owned about 0.72% of SPDR Dow Jones REIT ETF worth $10,914,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in RWR. Charles Schwab Investment Management Inc. boosted its holdings in SPDR Dow Jones REIT ETF by 28.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,528,333 shares of the company’s stock valued at $249,951,000 after purchasing an additional 567,560 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in SPDR Dow Jones REIT ETF by 9.3% in the fourth quarter. Envestnet Asset Management Inc. now owns 297,369 shares of the company’s stock valued at $29,398,000 after acquiring an additional 25,328 shares during the last quarter. Truist Financial Corp boosted its stake in SPDR Dow Jones REIT ETF by 4.2% in the fourth quarter. Truist Financial Corp now owns 235,919 shares of the company’s stock valued at $23,323,000 after acquiring an additional 9,417 shares in the last quarter. Christian Investment Advisors Inc. purchased a new position in shares of SPDR Dow Jones REIT ETF during the fourth quarter worth about $11,967,000. Finally, Private Advisor Group LLC increased its position in shares of SPDR Dow Jones REIT ETF by 1.8% during the fourth quarter. Private Advisor Group LLC now owns 119,247 shares of the company’s stock worth $11,789,000 after purchasing an additional 2,066 shares in the last quarter.

SPDR Dow Jones REIT ETF Stock Performance

Shares of SPDR Dow Jones REIT ETF stock opened at $94.86 on Friday. The company’s fifty day moving average is $97.23 and its two-hundred day moving average is $100.54. The company has a market capitalization of $1.80 billion, a P/E ratio of 32.65 and a beta of 1.01. SPDR Dow Jones REIT ETF has a 1 year low of $83.14 and a 1 year high of $109.48.

SPDR Dow Jones REIT ETF Profile

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.