Schnieders Capital Management LLC Reduces Stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Schnieders Capital Management LLC reduced its holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 2.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 9,256 shares of the exchange traded fund’s stock after selling 222 shares during the quarter. Schnieders Capital Management LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $3,488,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Cetera Trust Company N.A purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter worth about $38,000. Avior Wealth Management LLC boosted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 49.4% during the third quarter. Avior Wealth Management LLC now owns 124 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 41 shares in the last quarter. Grove Bank & Trust grew its stake 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 period. Legacy Financial Group LLC bought a new position in SPDR Dow Jones Industrial Average ETF Trust in the third quarter worth $50,000. Finally, Archer Investment Corp lifted its position in SPDR Dow Jones Industrial Average ETF Trust by 52.5% during the third quarter. Archer Investment Corp now owns 180 shares of the exchange traded fund’s stock valued at $60,000 after buying an additional 62 shares during the period. 37.11% of the stock is owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

DIA traded up $2.65 during midday trading on Tuesday, reaching $385.02. The company’s stock had a trading volume of 3,111,913 shares, compared to its average volume of 3,805,339. SPDR Dow Jones Industrial Average ETF Trust has a 1 year low of $323.21 and a 1 year high of $398.82. The stock’s 50-day moving average is $388.39 and its 200-day moving average is $370.81.

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.