Wealthfront Advisers LLC Grows Stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Wealthfront Advisers LLC grew its stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 8,900.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 416,203 shares of the exchange traded fund’s stock after acquiring an additional 411,579 shares during the period. Wealthfront Advisers LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $177,094,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Pettinga Financial Advisors LLC raised its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 23.9% in the third quarter. Pettinga Financial Advisors LLC now owns 14,446 shares of the exchange traded fund’s stock valued at $6,113,000 after buying an additional 2,791 shares during the period. Assetmark Inc. increased its holdings in SPDR Dow Jones Industrial Average ETF Trust by 413.5% in the 3rd quarter. Assetmark Inc. now owns 760 shares of the exchange traded fund’s stock worth $322,000 after acquiring an additional 612 shares during the last quarter. XML Financial LLC raised its stake in SPDR Dow Jones Industrial Average ETF Trust by 1.1% in the 3rd quarter. XML Financial LLC now owns 2,401 shares of the exchange traded fund’s stock valued at $1,016,000 after acquiring an additional 27 shares during the period. Mesirow Financial Investment Management Inc. purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the third quarter valued at about $270,000. Finally, Sigma Planning Corp lifted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 15.1% during the third quarter. Sigma Planning Corp now owns 8,294 shares of the exchange traded fund’s stock valued at $3,509,000 after purchasing an additional 1,087 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 Trading Down 2.0 %

SPDR Dow Jones Industrial Average ETF Trust stock opened at $419.49 on Tuesday. The firm has a 50 day simple moving average of $436.48 and a 200 day simple moving average of $430.89. SPDR Dow Jones Industrial Average ETF Trust has a 1-year low of $376.14 and a 1-year high of $451.55. The firm has a market capitalization of $35.95 billion, a price-to-earnings ratio of 24.21 and a beta of 0.95.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The company also recently declared 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 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.