D.A. Davidson & CO. Lowers Stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

D.A. Davidson & CO. lowered its stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 5.5% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 12,882 shares of the exchange traded fund’s stock after selling 750 shares during the quarter. D.A. Davidson & CO.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $5,039,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. SG Americas Securities LLC raised its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 1,083.1% during the 2nd quarter. SG Americas Securities LLC now owns 525,274 shares of the exchange traded fund’s stock valued at $205,450,000 after buying an additional 578,707 shares in the last quarter. Osaic Holdings Inc. raised its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 7.9% during the first quarter. Osaic Holdings Inc. now owns 309,346 shares of the exchange traded fund’s stock worth $123,067,000 after acquiring an additional 22,631 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 6.1% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 265,928 shares of the exchange traded fund’s stock worth $105,775,000 after acquiring an additional 15,240 shares during the last quarter. Global Assets Advisory LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the 1st quarter valued at $101,424,000. Finally, Commonwealth Equity Services LLC boosted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 0.8% in the 2nd quarter. Commonwealth Equity Services LLC now owns 249,548 shares of the exchange traded fund’s stock valued at $97,606,000 after purchasing an additional 1,950 shares in the last quarter. 37.11% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Trading Up 0.6 %

Shares of NYSEARCA:DIA opened at $416.21 on Tuesday. The company’s fifty day moving average is $401.32 and its 200 day moving average is $393.28. SPDR Dow Jones Industrial Average ETF Trust has a 52 week low of $323.21 and a 52 week high of $416.55.

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.