SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) Position Trimmed by Mechanics Bank Trust Department

Mechanics Bank Trust Department decreased its holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 0.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 29,864 shares of the exchange traded fund’s stock after selling 148 shares during the period. SPDR Dow Jones Industrial Average ETF Trust comprises 1.7% of Mechanics Bank Trust Department’s portfolio, making the stock its 12th largest holding. Mechanics Bank Trust Department’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $11,681,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in DIA. LRI Investments LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust in the first quarter valued at about $25,000. Beaird Harris Wealth Management LLC increased its holdings in SPDR Dow Jones Industrial Average ETF Trust by 364.3% in the first quarter. Beaird Harris Wealth Management LLC now owns 65 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 51 shares during the last quarter. YHB Investment Advisors Inc. bought a new position in SPDR Dow Jones Industrial Average ETF Trust during the first quarter valued at approximately $33,000. Lynx Investment Advisory bought a new position in SPDR Dow Jones Industrial Average ETF Trust during the second quarter valued at approximately $33,000. Finally, Massmutual Trust Co. FSB ADV acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust in the first quarter valued at approximately $36,000. 37.11% of the stock is owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

DIA stock traded up $0.63 during trading hours on Friday, hitting $395.15. The company’s stock had a trading volume of 3,380,211 shares, compared to its average volume of 3,571,144. The stock has a 50 day moving average price of $395.10 and a two-hundred day moving average price of $390.62. SPDR Dow Jones Industrial Average ETF Trust has a 12 month low of $323.21 and a 12 month high of $413.86.

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.