Brown Advisory Inc. Decreases Stock Holdings in SPDR Dow Jones Industrial Average ETF Trust $DIA

Brown Advisory Inc. decreased its stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 10.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,365 shares of the exchange traded fund’s stock after selling 1,294 shares during the period. Brown Advisory Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $5,008,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Elevation Point Wealth Partners LLC bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the 2nd quarter worth approximately $27,000. Family Legacy Financial Solutions LLC bought a new position in SPDR Dow Jones Industrial Average ETF Trust in the 2nd quarter worth $28,000. Oliver Lagore Vanvalin Investment Group bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the second quarter worth about $28,000. Pineridge Advisors LLC purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter valued at approximately $32,000. Finally, WPG Advisers LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust during the first quarter valued at $34,000. Institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Trading Down 0.4%

Shares of DIA stock opened at $478.15 on Tuesday. SPDR Dow Jones Industrial Average ETF Trust has a 12-month low of $366.32 and a 12-month high of $484.39. The stock’s 50-day moving average price is $469.65 and its 200-day moving average price is $452.64. The stock has a market capitalization of $42.60 billion, a price-to-earnings ratio of 22.20 and a beta of 0.91.

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.