Cambridge Advisors Inc. Decreases Holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Cambridge Advisors Inc. cut its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 6.3% during the 3rd quarter, HoldingsChannel reports. The fund owned 3,853 shares of the exchange traded fund’s stock after selling 257 shares during the quarter. Cambridge Advisors Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $1,630,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. LRI Investments LLC purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the first quarter worth approximately $25,000. Beaird Harris Wealth Management LLC raised its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 364.3% during the first quarter. Beaird Harris Wealth Management LLC now owns 65 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 51 shares in the last quarter. Ridgewood Investments LLC purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the second quarter worth approximately $26,000. Lynx Investment Advisory purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the second quarter worth approximately $33,000. Finally, Wellington Shields Capital Management LLC purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the second quarter worth approximately $35,000. 37.11% of the stock is owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

Shares of SPDR Dow Jones Industrial Average ETF Trust stock opened at $423.76 on Friday. SPDR Dow Jones Industrial Average ETF Trust has a 52-week low of $323.21 and a 52-week high of $433.20. The company’s 50 day moving average price is $417.90 and its 200-day moving average price is $400.96.

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.