Tufton Capital Management Reduces Holdings in SPDR Dow Jones Industrial Average ETF Trust $DIA

Tufton Capital Management trimmed its position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 4.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 9,011 shares of the exchange traded fund’s stock after selling 456 shares during the quarter. Tufton Capital Management’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $3,970,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. POM Investment Strategies LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the first quarter worth approximately $25,000. Family Legacy Financial Solutions LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the second quarter worth approximately $28,000. Oliver Lagore Vanvalin Investment Group purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the second quarter worth approximately $28,000. WPG Advisers LLC purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 1st quarter valued at $34,000. Finally, Cornerstone Planning Group LLC purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 1st quarter valued at $36,000. 37.11% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Stock Down 0.5%

Shares of NYSEARCA:DIA opened at $473.47 on Tuesday. The business has a fifty day moving average of $462.95 and a two-hundred day moving average of $441.80. The stock has a market cap of $42.02 billion, a P/E ratio of 22.20 and a beta of 0.91. SPDR Dow Jones Industrial Average ETF Trust has a 52-week low of $366.32 and a 52-week high of $480.39.

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.