Mechanics Bank Trust Department Cuts Stock Position in SPDR Dow Jones Industrial Average ETF Trust $DIA

Mechanics Bank Trust Department trimmed its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 10.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,583 shares of the exchange traded fund’s stock after selling 1,849 shares during the quarter. SPDR Dow Jones Industrial Average ETF Trust makes up approximately 1.1% of Mechanics Bank Trust Department’s investment portfolio, making the stock its 23rd largest position. Mechanics Bank Trust Department’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $7,690,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in DIA. Stonebridge Financial Group LLC lifted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 1.8% during the third quarter. Stonebridge Financial Group LLC now owns 1,275 shares of the exchange traded fund’s stock valued at $591,000 after purchasing an additional 22 shares in the last quarter. Centennial Wealth Advisory LLC raised its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 4.5% during the 3rd quarter. Centennial Wealth Advisory LLC now owns 507 shares of the exchange traded fund’s stock worth $235,000 after purchasing an additional 22 shares during the last quarter. Daymark Wealth Partners LLC raised its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 1.1% during the 2nd quarter. Daymark Wealth Partners LLC now owns 2,051 shares of the exchange traded fund’s stock worth $904,000 after purchasing an additional 23 shares during the last quarter. Abound Wealth Management lifted its stake in SPDR Dow Jones Industrial Average ETF Trust by 9.5% in the 3rd quarter. Abound Wealth Management now owns 266 shares of the exchange traded fund’s stock valued at $124,000 after buying an additional 23 shares in the last quarter. Finally, Hubbell Strickland Wealth Management LLC boosted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 2.9% in the 2nd quarter. Hubbell Strickland Wealth Management LLC now owns 885 shares of the exchange traded fund’s stock worth $390,000 after buying an additional 25 shares during the last quarter. Institutional investors and hedge funds own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

Shares of SPDR Dow Jones Industrial Average ETF Trust stock opened at $483.63 on Monday. The stock has a market capitalization of $44.44 billion, a P/E ratio of 22.20 and a beta of 0.91. The business has a 50 day simple moving average of $476.74 and a two-hundred day simple moving average of $460.52. SPDR Dow Jones Industrial Average ETF Trust has a 12 month low of $366.32 and a 12 month high of $489.66.

SPDR Dow Jones Industrial Average ETF Trust Company 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.