SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) Stock Holdings Increased by Modern Wealth Management LLC

Modern Wealth Management LLC raised its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 39.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,280 shares of the exchange traded fund’s stock after buying an additional 360 shares during the period. Modern Wealth Management LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $569,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter valued at $195,249,000. Wealthfront Advisers LLC boosted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 8,900.9% in the fourth quarter. Wealthfront Advisers LLC now owns 416,203 shares of the exchange traded fund’s stock worth $177,094,000 after buying an additional 411,579 shares during the period. The Manufacturers Life Insurance Company purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the third quarter worth approximately $113,015,000. Strategic Financial Concepts LLC raised its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 42,602.7% during the fourth quarter. Strategic Financial Concepts LLC now owns 250,665 shares of the exchange traded fund’s stock valued at $106,658,000 after acquiring an additional 250,078 shares during the period. Finally, USA Financial Formulas lifted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 7,978.6% in the 4th quarter. USA Financial Formulas now owns 189,444 shares of the exchange traded fund’s stock valued at $80,608,000 after acquiring an additional 187,099 shares in the last quarter. Institutional investors and hedge funds own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

NYSEARCA DIA opened at $424.23 on Thursday. The firm’s 50 day moving average price is $434.84 and its two-hundred day moving average price is $431.35. SPDR Dow Jones Industrial Average ETF Trust has a twelve month low of $376.14 and a twelve month high of $451.55. The stock has a market cap of $37.69 billion, a price-to-earnings ratio of 22.75 and a beta of 0.94.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, February 18th. Stockholders of record on Friday, January 17th were issued a dividend of $0.1624 per share. The ex-dividend date was Friday, January 17th.

SPDR Dow Jones Industrial Average ETF Trust Profile

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.