Spinnaker Trust Makes New Investment in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Spinnaker Trust bought a new stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 998 shares of the exchange traded fund’s stock, valued at approximately $422,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. International Assets Investment Management LLC increased its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 42,971.1% during the 3rd quarter. International Assets Investment Management LLC now owns 3,402,189 shares of the exchange traded fund’s stock worth $1,439,534,000 after purchasing an additional 3,394,290 shares during the last quarter. SG Americas Securities LLC increased its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 1,083.1% during the 2nd quarter. SG Americas Securities LLC now owns 525,274 shares of the exchange traded fund’s stock worth $205,450,000 after purchasing an additional 578,707 shares during the last quarter. Osaic Holdings Inc. lifted its stake in SPDR Dow Jones Industrial Average ETF Trust by 7.9% in the 1st quarter. Osaic Holdings Inc. now owns 309,346 shares of the exchange traded fund’s stock valued at $123,067,000 after purchasing an additional 22,631 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in SPDR Dow Jones Industrial Average ETF Trust by 1.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 291,556 shares of the exchange traded fund’s stock worth $114,040,000 after purchasing an additional 5,134 shares during the period. Finally, Commonwealth Equity Services LLC increased its position in SPDR Dow Jones Industrial Average ETF Trust by 0.8% during the second quarter. Commonwealth Equity Services LLC now owns 249,548 shares of the exchange traded fund’s stock worth $97,606,000 after buying an additional 1,950 shares during the last quarter. Institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

NYSEARCA:DIA opened at $437.28 on Thursday. SPDR Dow Jones Industrial Average ETF Trust has a 12-month low of $338.77 and a 12-month high of $437.79. The stock’s 50 day moving average price is $420.57 and its two-hundred day moving average price is $403.84.

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.