Mechanics Bank Trust Department Has $12.57 Million Stock Holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Mechanics Bank Trust Department decreased its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 0.5% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 29,711 shares of the exchange traded fund’s stock after selling 153 shares during the quarter. SPDR Dow Jones Industrial Average ETF Trust makes up about 1.7% of Mechanics Bank Trust Department’s holdings, making the stock its 12th biggest position. Mechanics Bank Trust Department’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $12,571,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. American Trust grew its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 2.3% in the 4th quarter. American Trust now owns 1,171 shares of the exchange traded fund’s stock valued at $441,000 after buying an additional 26 shares in the last quarter. Cim LLC acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter worth $758,000. Centaurus Financial Inc. raised its holdings in SPDR Dow Jones Industrial Average ETF Trust by 1.5% during the fourth quarter. Centaurus Financial Inc. now owns 3,986 shares of the exchange traded fund’s stock valued at $1,502,000 after buying an additional 60 shares in the last quarter. Slagle Financial LLC acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter worth approximately $418,000. Finally, Objective Capital Management LLC grew its holdings in SPDR Dow Jones Industrial Average ETF Trust by 2.2% during the fourth quarter. Objective Capital Management LLC now owns 6,744 shares of the exchange traded fund’s stock valued at $2,542,000 after purchasing an additional 148 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

SPDR Dow Jones Industrial Average ETF Trust stock opened at $428.73 on Friday. The firm has a fifty day moving average price of $412.06 and a two-hundred day moving average price of $398.92. SPDR Dow Jones Industrial Average ETF Trust has a fifty-two week low of $323.21 and a fifty-two week high of $429.07.

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.