SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) Stock Holdings Increased by Summit Financial LLC

Summit Financial LLC raised its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 3.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 7,264 shares of the exchange traded fund’s stock after buying an additional 209 shares during the quarter. Summit Financial LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $3,100,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in DIA. FMR LLC boosted its position in SPDR Dow Jones Industrial Average ETF Trust by 10.7% during the third quarter. FMR LLC now owns 74,060 shares of the exchange traded fund’s stock valued at $31,336,000 after purchasing an additional 7,143 shares during the last quarter. Freedom Investment Management Inc. acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter valued at about $249,000. Hantz Financial Services Inc. bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter valued at approximately $118,000. FSA Wealth Management LLC acquired a new position in SPDR Dow Jones Industrial Average ETF Trust in the third quarter worth approximately $60,000. Finally, Benjamin Edwards Inc. acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust in the third quarter valued at approximately $982,000. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Up 1.0 %

Shares of DIA opened at $419.88 on Tuesday. The firm has a market cap of $37.30 billion, a price-to-earnings ratio of 22.75 and a beta of 0.94. The company’s fifty day moving average is $433.99 and its 200-day moving average is $431.71. SPDR Dow Jones Industrial Average ETF Trust has a 12 month low of $376.14 and a 12 month high of $451.55.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

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

SPDR Dow Jones Industrial Average ETF Trust Company 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.