LPL Financial LLC Trims Stock Holdings in SPDR Dow Jones REIT ETF (NYSEARCA:RWR)

LPL Financial LLC lessened its stake in shares of SPDR Dow Jones REIT ETF (NYSEARCA:RWR) by 12.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 201,753 shares of the company’s stock after selling 27,952 shares during the quarter. LPL Financial LLC’s holdings in SPDR Dow Jones REIT ETF were worth $19,945,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. raised its position in shares of SPDR Dow Jones REIT ETF by 28.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,528,333 shares of the company’s stock valued at $249,951,000 after buying an additional 567,560 shares during the last quarter. Truist Financial Corp grew its stake in SPDR Dow Jones REIT ETF by 4.2% in the 4th quarter. Truist Financial Corp now owns 235,919 shares of the company’s stock worth $23,323,000 after acquiring an additional 9,417 shares during the period. Christian Investment Advisors Inc. acquired a new position in SPDR Dow Jones REIT ETF in the 4th quarter valued at $11,967,000. Private Advisor Group LLC lifted its stake in shares of SPDR Dow Jones REIT ETF by 1.8% during the 4th quarter. Private Advisor Group LLC now owns 119,247 shares of the company’s stock worth $11,789,000 after purchasing an additional 2,066 shares during the period. Finally, Fiduciary Family Office LLC acquired a new stake in shares of SPDR Dow Jones REIT ETF during the fourth quarter worth $10,561,000.

SPDR Dow Jones REIT ETF Trading Up 0.9 %

SPDR Dow Jones REIT ETF stock opened at $99.12 on Tuesday. The stock has a fifty day moving average price of $100.40 and a 200 day moving average price of $102.43. SPDR Dow Jones REIT ETF has a 52 week low of $85.94 and a 52 week high of $109.48. The firm has a market capitalization of $1.88 billion, a P/E ratio of 33.90 and a beta of 1.11.

SPDR Dow Jones REIT ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th were paid a dividend of $0.6066 per share. The ex-dividend date of this dividend was Monday, March 24th.

About SPDR Dow Jones REIT ETF

SPDR Dj Wilshire Reit ETF (the Fund), formerly SPDR Dow Jones REIT ETF, seeks to match the returns and characteristics of the Dow Jones U.S. Select REIT Index. The Dow Jones U.S. Select REIT Index consists of companies whose charters are the equity ownership and operation of commercial real estate and which operate under the REIT Act of 1960.