SPDR Dow Jones Industrial Average ETF Trust $DIA is Saxony Capital Management LLC’s 8th Largest Position

Saxony Capital Management LLC trimmed its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 39.9% in the 2nd quarter, HoldingsChannel reports. The firm owned 7,318 shares of the exchange traded fund’s stock after selling 4,857 shares during the quarter. SPDR Dow Jones Industrial Average ETF Trust accounts for 2.5% of Saxony Capital Management LLC’s portfolio, making the stock its 8th biggest position. Saxony Capital Management LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $3,225,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Leeward Financial Partners LLC purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter worth approximately $399,000. Creative Financial Designs Inc. ADV grew its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 14.5% during the 2nd quarter. Creative Financial Designs Inc. ADV now owns 292 shares of the exchange traded fund’s stock worth $129,000 after acquiring an additional 37 shares during the period. Kovack Advisors Inc. grew its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 16.5% during the 2nd quarter. Kovack Advisors Inc. now owns 11,515 shares of the exchange traded fund’s stock worth $5,074,000 after acquiring an additional 1,632 shares during the period. IFG Advisory LLC grew its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 6.4% during the 2nd quarter. IFG Advisory LLC now owns 33,399 shares of the exchange traded fund’s stock worth $14,717,000 after acquiring an additional 2,004 shares during the period. Finally, Atria Investments Inc grew its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 1.3% during the 2nd quarter. Atria Investments Inc now owns 116,535 shares of the exchange traded fund’s stock worth $51,351,000 after acquiring an additional 1,469 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 Stock Performance

DIA stock opened at $475.67 on Friday. SPDR Dow Jones Industrial Average ETF Trust has a fifty-two week low of $366.32 and a fifty-two week high of $480.39. The business’s 50 day moving average price is $462.54 and its two-hundred day moving average price is $440.66. The company has a market capitalization of $41.95 billion, a price-to-earnings ratio of 22.20 and a beta of 0.91.

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.