Northwestern Mutual Wealth Management Co. Has $13.79 Million Holdings in SPDR Dow Jones Industrial Average ETF Trust $DIA

Northwestern Mutual Wealth Management Co. cut its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 89.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 28,698 shares of the exchange traded fund’s stock after selling 240,175 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $13,791,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the business. Ashton Thomas Private Wealth LLC increased its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 47.6% during the third quarter. Ashton Thomas Private Wealth LLC now owns 5,403 shares of the exchange traded fund’s stock valued at $2,513,000 after purchasing an additional 1,742 shares during the period. Financial Planning Hawaii Inc. bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter valued at approximately $746,000. Clarity Wealth Advisors LLC increased its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 4.9% during the fourth quarter. Clarity Wealth Advisors LLC now owns 41,107 shares of the exchange traded fund’s stock valued at $19,755,000 after purchasing an additional 1,931 shares during the period. American Wealth Advisors LLC bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the third quarter valued at approximately $1,930,000. Finally, Fifth Third Securities Inc. increased its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 24.3% during the fourth quarter. Fifth Third Securities Inc. now owns 6,672 shares of the exchange traded fund’s stock valued at $3,206,000 after purchasing an additional 1,304 shares during the period. 37.11% of the stock is currently owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Trading Up 1.3%

DIA opened at $500.24 on Thursday. The stock has a market cap of $43.37 billion, a PE ratio of 22.20 and a beta of 0.87. SPDR Dow Jones Industrial Average ETF Trust has a 1 year low of $413.83 and a 1 year high of $505.30. The stock’s 50 day simple moving average is $480.39 and its 200-day simple moving average is $483.01.

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.