Canandaigua National Bank & Trust Co. Buys New Stake in SPDR Dow Jones Industrial Average ETF Trust $DIA

Canandaigua National Bank & Trust Co. bought a new stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) during the second quarter, HoldingsChannel reports. The institutional investor bought 6,313 shares of the exchange traded fund’s stock, valued at approximately $3,298,000.

A number of other large investors also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its stake in SPDR Dow Jones Industrial Average ETF Trust by 10.2% during the 4th quarter. Brighton Jones LLC now owns 12,054 shares of the exchange traded fund’s stock worth $5,129,000 after acquiring an additional 1,116 shares in the last quarter. Bison Wealth LLC increased its stake in SPDR Dow Jones Industrial Average ETF Trust by 5.0% during the fourth quarter. Bison Wealth LLC now owns 2,483 shares of the exchange traded fund’s stock worth $1,057,000 after purchasing an additional 118 shares during the period. Russell Investments Group Ltd. increased its stake in SPDR Dow Jones Industrial Average ETF Trust by 5.3% during the second quarter. Russell Investments Group Ltd. now owns 796 shares of the exchange traded fund’s stock worth $351,000 after purchasing an additional 40 shares during the period. First Trust Advisors LP lifted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 68.5% during the second quarter. First Trust Advisors LP now owns 1,650 shares of the exchange traded fund’s stock worth $727,000 after purchasing an additional 671 shares in the last quarter. Finally, Gamco Investors INC. ET AL acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the second quarter worth about $220,000. 37.11% of the stock is currently owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

NYSEARCA DIA opened at $540.43 on Wednesday. The firm has a 50 day simple moving average of $519.07 and a 200-day simple moving average of $497.80. SPDR Dow Jones Industrial Average ETF Trust has a one year low of $437.98 and a one year high of $542.09. The firm has a market cap of $46.53 billion, a price-to-earnings ratio of 22.20 and a beta of 0.86.

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.