Kingswood Wealth Advisors LLC Purchases 16,472 Shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Kingswood Wealth Advisors LLC raised its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 700.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 18,824 shares of the exchange traded fund’s stock after acquiring an additional 16,472 shares during the period. SPDR Dow Jones Industrial Average ETF Trust makes up 0.6% of Kingswood Wealth Advisors LLC’s portfolio, making the stock its 23rd largest holding. Kingswood Wealth Advisors LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $8,010,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Aviso Wealth Management bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter valued at $254,000. Creative Planning increased its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 2.3% in the 2nd quarter. Creative Planning now owns 86,333 shares of the exchange traded fund’s stock valued at $33,768,000 after purchasing an additional 1,915 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in SPDR Dow Jones Industrial Average ETF Trust by 1.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 291,556 shares of the exchange traded fund’s stock worth $114,040,000 after acquiring an additional 5,134 shares during the period. Granite FO LLC acquired a new position in SPDR Dow Jones Industrial Average ETF Trust in the 2nd quarter valued at $334,000. Finally, Regal Investment Advisors LLC lifted its stake in SPDR Dow Jones Industrial Average ETF Trust by 8.2% in the 2nd quarter. Regal Investment Advisors LLC now owns 2,175 shares of the exchange traded fund’s stock worth $851,000 after purchasing an additional 165 shares in the last quarter. 37.11% of the stock is currently owned by institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Trading Down 0.3 %

Shares of SPDR Dow Jones Industrial Average ETF Trust stock opened at $444.12 on Monday. The stock has a 50 day moving average of $435.84 and a 200 day moving average of $422.35. SPDR Dow Jones Industrial Average ETF Trust has a fifty-two week low of $376.14 and a fifty-two week high of $451.55.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Friday, January 17th will be paid a $0.1624 dividend. The ex-dividend date of this dividend is 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.