Oliver Lagore Vanvalin Investment Group Trims Position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Oliver Lagore Vanvalin Investment Group lessened its stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 53.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 2,517 shares of the exchange traded fund’s stock after selling 2,855 shares during the quarter. Oliver Lagore Vanvalin Investment Group’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $948,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Synovus Financial Corp boosted its stake in SPDR Dow Jones Industrial Average ETF Trust by 14.1% in the first quarter. Synovus Financial Corp now owns 5,833 shares of the exchange traded fund’s stock worth $2,023,000 after buying an additional 720 shares in the last quarter. Moors & Cabot Inc. boosted its stake in SPDR Dow Jones Industrial Average ETF Trust by 2.3% in the first quarter. Moors & Cabot Inc. now owns 2,664 shares of the exchange traded fund’s stock worth $924,000 after buying an additional 59 shares in the last quarter. Baird Financial Group Inc. boosted its stake in SPDR Dow Jones Industrial Average ETF Trust by 3.2% in the first quarter. Baird Financial Group Inc. now owns 32,015 shares of the exchange traded fund’s stock worth $11,104,000 after buying an additional 1,000 shares in the last quarter. Donaldson Capital Management LLC boosted its stake in SPDR Dow Jones Industrial Average ETF Trust by 6.6% in the first quarter. Donaldson Capital Management LLC now owns 1,275 shares of the exchange traded fund’s stock worth $442,000 after buying an additional 79 shares in the last quarter. Finally, Mather Group LLC. purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust in the first quarter worth approximately $267,000. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

DIA stock traded up $0.35 during midday trading on Thursday, hitting $377.80. The company had a trading volume of 3,122,196 shares, compared to its average volume of 3,772,152. SPDR Dow Jones Industrial Average ETF Trust has a 52 week low of $323.21 and a 52 week high of $398.82. The stock’s 50 day moving average price is $388.79 and its 200 day moving average price is $369.17.

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.