Northwestern Mutual Wealth Management Co. Reduces Holdings in SPDR Dow Jones REIT ETF $RWR

Northwestern Mutual Wealth Management Co. reduced its stake in SPDR Dow Jones REIT ETF (NYSEARCA:RWR) by 49.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 145,854 shares of the company’s stock after selling 143,170 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in SPDR Dow Jones REIT ETF were worth $14,327,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Global Retirement Partners LLC increased its stake in shares of SPDR Dow Jones REIT ETF by 5.4% in the fourth quarter. Global Retirement Partners LLC now owns 2,225 shares of the company’s stock worth $219,000 after buying an additional 114 shares during the period. Smith Moore & CO. boosted its position in SPDR Dow Jones REIT ETF by 0.5% during the 4th quarter. Smith Moore & CO. now owns 29,131 shares of the company’s stock valued at $2,862,000 after buying an additional 150 shares during the period. Comerica Bank grew its holdings in SPDR Dow Jones REIT ETF by 5.5% in the 4th quarter. Comerica Bank now owns 3,315 shares of the company’s stock worth $326,000 after acquiring an additional 174 shares during the last quarter. CWM LLC grew its holdings in SPDR Dow Jones REIT ETF by 119.7% in the 4th quarter. CWM LLC now owns 323 shares of the company’s stock worth $32,000 after acquiring an additional 176 shares during the last quarter. Finally, Larson Financial Group LLC increased its position in shares of SPDR Dow Jones REIT ETF by 153.4% in the third quarter. Larson Financial Group LLC now owns 294 shares of the company’s stock valued at $30,000 after acquiring an additional 178 shares during the period.

SPDR Dow Jones REIT ETF Trading Down 2.0%

Shares of NYSEARCA:RWR opened at $107.63 on Tuesday. The company has a 50-day moving average price of $106.98 and a 200-day moving average price of $103.73. The company has a market cap of $1.76 billion, a price-to-earnings ratio of 36.49 and a beta of 0.99. SPDR Dow Jones REIT ETF has a 12 month low of $94.44 and a 12 month high of $112.42.

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. Each REIT in the REIT Index is weighted by its float-adjusted market capitalization. That is, each security is weighted to reflect the attainable market performance of the security, which reflects that portion of securities shares that are accessible to investors.