SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) Position Boosted by JT Stratford LLC

JT Stratford LLC increased its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 64.7% during the 2nd quarter, Holdings Channel.com reports. The fund owned 998 shares of the exchange traded fund’s stock after buying an additional 392 shares during the period. JT Stratford LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $344,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Morgan Stanley raised its stake in SPDR Dow Jones Industrial Average ETF Trust by 27.9% during the second quarter. Morgan Stanley now owns 3,720,663 shares of the exchange traded fund’s stock worth $1,283,443,000 after acquiring an additional 811,220 shares during the period. Royal Bank of Canada raised its stake in SPDR Dow Jones Industrial Average ETF Trust by 140.6% during the second quarter. Royal Bank of Canada now owns 1,208,185 shares of the exchange traded fund’s stock worth $416,763,000 after acquiring an additional 706,041 shares during the period. SG Americas Securities LLC raised its stake in SPDR Dow Jones Industrial Average ETF Trust by 250.1% during the second quarter. SG Americas Securities LLC now owns 622,064 shares of the exchange traded fund’s stock worth $214,581,000 after acquiring an additional 444,406 shares during the period. Ameriprise Financial Inc. increased its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 2.4% in the first quarter. Ameriprise Financial Inc. now owns 598,701 shares of the exchange traded fund’s stock valued at $197,393,000 after purchasing an additional 14,048 shares during the period. Finally, Mizuho Bank Ltd. acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the second quarter valued at approximately $155,228,000. Hedge funds and other institutional investors own 35.12% of the company’s stock.

Shares of NYSEARCA:DIA opened at $357.50 on Wednesday. The firm’s 50 day moving average is $349.03 and its two-hundred day moving average is $345.49. SPDR Dow Jones Industrial Average ETF Trust has a 52 week low of $261.41 and a 52 week high of $358.93.

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.

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Institutional Ownership by Quarter for SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

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