Raymond James Financial Inc. Makes New $5 Million Investment in SPDR Dow Jones REIT ETF (NYSEARCA:RWR)

Raymond James Financial Inc. purchased a new position in shares of SPDR Dow Jones REIT ETF (NYSEARCA:RWR) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 50,577 shares of the company’s stock, valued at approximately $5,000,000.

Several other institutional investors have also modified their holdings of the business. Synergy Investment Management LLC acquired a new stake in SPDR Dow Jones REIT ETF during the 4th quarter worth approximately $29,000. Jones Financial Companies Lllp increased its position in shares of SPDR Dow Jones REIT ETF by 202.9% during the fourth quarter. Jones Financial Companies Lllp now owns 518 shares of the company’s stock worth $51,000 after acquiring an additional 347 shares in the last quarter. Heck Capital Advisors LLC acquired a new stake in shares of SPDR Dow Jones REIT ETF during the fourth quarter worth $54,000. Global Retirement Partners LLC lifted its position in SPDR Dow Jones REIT ETF by 18.5% in the 4th quarter. Global Retirement Partners LLC now owns 1,134 shares of the company’s stock valued at $112,000 after acquiring an additional 177 shares in the last quarter. Finally, Principal Securities Inc. lifted its position in SPDR Dow Jones REIT ETF by 65.3% in the 4th quarter. Principal Securities Inc. now owns 1,230 shares of the company’s stock valued at $122,000 after acquiring an additional 486 shares in the last quarter.

SPDR Dow Jones REIT ETF Trading Down 1.1 %

RWR stock opened at $97.90 on Wednesday. The stock has a 50-day moving average price of $100.37 and a two-hundred day moving average price of $102.65. SPDR Dow Jones REIT ETF has a 1 year low of $85.94 and a 1 year high of $109.48. The stock has a market cap of $1.78 billion, a PE ratio of 34.60 and a beta of 1.11.

SPDR Dow Jones REIT ETF Announces Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, March 26th. Investors of record on Monday, March 24th will be issued a dividend of $0.6066 per share. The ex-dividend date of this dividend is Monday, March 24th.

SPDR Dow Jones REIT ETF Company Profile

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.