RMR Wealth Builders Cuts Stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

RMR Wealth Builders reduced its stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 28.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,490 shares of the exchange traded fund’s stock after selling 2,221 shares during the quarter. RMR Wealth Builders’ holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $2,069,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in the stock. Cetera Trust Company N.A bought a new stake in SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter worth $38,000. Grove Bank & Trust increased its position in SPDR Dow Jones Industrial Average ETF Trust by 90.1% in the third quarter. Grove Bank & Trust now owns 135 shares of the exchange traded fund’s stock worth $45,000 after purchasing an additional 64 shares during the last quarter. Archer Investment Corp increased its position in SPDR Dow Jones Industrial Average ETF Trust by 52.5% in the third quarter. Archer Investment Corp now owns 180 shares of the exchange traded fund’s stock worth $60,000 after purchasing an additional 62 shares during the last quarter. EdgeRock Capital LLC bought a new stake in SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter worth $77,000. Finally, Sound Income Strategies LLC increased its position in SPDR Dow Jones Industrial Average ETF Trust by 545.9% in the fourth quarter. Sound Income Strategies LLC now owns 239 shares of the exchange traded fund’s stock worth $90,000 after purchasing an additional 202 shares during the last quarter. 37.11% of the stock is owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

Shares of DIA opened at $390.51 on Thursday. The company’s fifty day moving average is $387.51 and its 200 day moving average is $374.11. SPDR Dow Jones Industrial Average ETF Trust has a fifty-two week low of $323.21 and a fifty-two week high of $398.82.

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.