SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) Shares Acquired by Main Street Research LLC

Main Street Research LLC grew its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 19.4% in the fourth quarter, Holdings Channel reports. The institutional investor owned 764 shares of the exchange traded fund’s stock after purchasing an additional 124 shares during the period. Main Street Research LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $326,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Raymond James Financial Inc. acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter worth about $195,249,000. The Manufacturers Life Insurance Company purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter worth approximately $113,015,000. Strategic Financial Concepts LLC lifted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 42,602.7% in 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 purchasing an additional 250,078 shares during the period. USA Financial Formulas boosted its position in SPDR Dow Jones Industrial Average ETF Trust by 7,978.6% during the fourth quarter. USA Financial Formulas now owns 189,444 shares of the exchange traded fund’s stock worth $80,608,000 after purchasing an additional 187,099 shares in the last quarter. Finally, Quadrature Capital Ltd purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the third quarter valued at about $73,917,000. 37.11% of the stock is owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

Shares of NYSEARCA DIA opened at $428.26 on Monday. The company has a market cap of $36.70 billion, a PE ratio of 24.21 and a beta of 0.95. The company has a 50-day simple moving average of $436.61 and a 200-day simple moving average of $430.81. 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 firm also recently disclosed a dividend, which was paid on Tuesday, February 18th. Shareholders of record on Friday, January 17th were paid 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 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.