MONECO Advisors LLC Makes New $200,000 Investment in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

MONECO Advisors LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 471 shares of the exchange traded fund’s stock, valued at approximately $200,000.

Several other hedge funds have also bought and sold shares of DIA. The Manufacturers Life Insurance Company purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter worth $113,015,000. Strategic Financial Concepts LLC increased its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 42,602.7% in the 4th quarter. Strategic Financial Concepts LLC now owns 250,665 shares of the exchange traded fund’s stock worth $106,658,000 after buying an additional 250,078 shares during the last quarter. USA Financial Formulas increased its holdings 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 worth $80,608,000 after buying an additional 187,099 shares during the last quarter. Quadrature Capital Ltd bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter worth about $73,917,000. Finally, Private Advisor Group LLC increased its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 106.1% in the 4th quarter. Private Advisor Group LLC now owns 281,782 shares of the exchange traded fund’s stock worth $119,900,000 after buying an additional 145,050 shares during the last quarter. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Up 0.4 %

SPDR Dow Jones Industrial Average ETF Trust stock opened at $436.13 on Wednesday. The company’s 50-day moving average price is $436.35 and its 200-day moving average price is $429.29. SPDR Dow Jones Industrial Average ETF Trust has a twelve month low of $376.14 and a twelve month high of $451.55. The company has a market cap of $37.37 billion, a PE ratio of 24.21 and a beta of 0.95.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

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