SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) Shares Sold by Sugarloaf Wealth Management LLC

Sugarloaf Wealth Management LLC lowered its holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 10.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,710 shares of the exchange traded fund’s stock after selling 819 shares during the period. Sugarloaf Wealth Management LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $2,307,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Synovus Financial Corp boosted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 14.1% in the first quarter. Synovus Financial Corp now owns 5,833 shares of the exchange traded fund’s stock worth $2,023,000 after buying an additional 720 shares during the period. Moors & Cabot Inc. boosted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 2.3% during the first quarter. Moors & Cabot Inc. now owns 2,664 shares of the exchange traded fund’s stock worth $924,000 after purchasing an additional 59 shares during the period. Baird Financial Group Inc. boosted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 3.2% during the first quarter. Baird Financial Group Inc. now owns 32,015 shares of the exchange traded fund’s stock worth $11,104,000 after purchasing an additional 1,000 shares during the period. Donaldson Capital Management LLC boosted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 6.6% during the first quarter. Donaldson Capital Management LLC now owns 1,275 shares of the exchange traded fund’s stock worth $442,000 after purchasing an additional 79 shares during the period. Finally, Mather Group LLC. acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the first quarter worth approximately $267,000. Institutional investors and hedge funds own 32.72% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

Shares of DIA stock traded down $2.12 during trading on Tuesday, hitting $344.03. 1,760,132 shares of the company were exchanged, compared to its average volume of 3,341,575. The business’s 50-day simple moving average is $348.72 and its 200 day simple moving average is $339.21. SPDR Dow Jones Industrial Average ETF Trust has a twelve month low of $286.62 and a twelve month high of $356.70.

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.