SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) Stake Cut by Brookstone Capital Management

Brookstone Capital Management reduced its holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 1.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,175 shares of the exchange traded fund’s stock after selling 119 shares during the period. Brookstone Capital Management’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $4,191,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Cutter & CO Brokerage Inc. raised its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 1.1% during the 4th quarter. Cutter & CO Brokerage Inc. now owns 3,860 shares of the exchange traded fund’s stock worth $1,455,000 after purchasing an additional 42 shares in the last quarter. Coastwise Capital Group LLC raised its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 71.4% during the 4th quarter. Coastwise Capital Group LLC now owns 13,508 shares of the exchange traded fund’s stock worth $5,091,000 after purchasing an additional 5,628 shares in the last quarter. Banco Santander S.A. raised its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 224.6% during the 1st quarter. Banco Santander S.A. now owns 1,954 shares of the exchange traded fund’s stock worth $777,000 after purchasing an additional 1,352 shares in the last quarter. Nikulski Financial Inc. purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter worth about $208,000. Finally, Certuity LLC raised its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 22.5% during the 4th quarter. Certuity LLC now owns 10,915 shares of the exchange traded fund’s stock worth $4,113,000 after purchasing an additional 2,007 shares in the last quarter. 37.11% of the stock is owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Stock Up 0.3 %

Shares of DIA traded up $1.19 during midday trading on Friday, reaching $406.74. 2,789,195 shares of the stock were exchanged, compared to its average volume of 3,566,963. SPDR Dow Jones Industrial Average ETF Trust has a 12-month low of $323.21 and a 12-month high of $413.86. The firm has a 50 day simple moving average of $396.38 and a 200-day simple moving average of $391.16.

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.