Frank Rimerman Advisors LLC Sells 58 Shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Frank Rimerman Advisors LLC lowered its holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 0.4% in the third quarter, Holdings Channel reports. The firm owned 14,455 shares of the exchange traded fund’s stock after selling 58 shares during the quarter. Frank Rimerman Advisors LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $6,116,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. LRI Investments LLC bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the 1st quarter valued at about $25,000. Beaird Harris Wealth Management LLC increased its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 364.3% during the 1st quarter. Beaird Harris Wealth Management LLC now owns 65 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 51 shares during the last quarter. Ridgewood Investments LLC bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter worth approximately $26,000. Lynx Investment Advisory bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter worth approximately $33,000. Finally, Bull Oak Capital LLC bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the third quarter valued at $33,000. 37.11% of the stock is currently owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

Shares of DIA opened at $421.14 on Friday. The company’s fifty day simple moving average is $418.55 and its 200 day simple moving average is $401.43. SPDR Dow Jones Industrial Average ETF Trust has a 1-year low of $323.21 and a 1-year high of $433.20.

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.