Gladstone Institutional Advisory LLC Raises Position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Gladstone Institutional Advisory LLC increased its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 2.1% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 17,440 shares of the exchange traded fund’s stock after purchasing an additional 366 shares during the period. Gladstone Institutional Advisory LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $7,379,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. LRI Investments LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the first quarter worth about $25,000. Beaird Harris Wealth Management LLC grew its position in SPDR Dow Jones Industrial Average ETF Trust by 364.3% during the 1st quarter. Beaird Harris Wealth Management LLC now owns 65 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 51 shares during the last quarter. Ridgewood Investments LLC acquired a new position in SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter valued at approximately $26,000. Lynx Investment Advisory acquired a new position in SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter valued at approximately $33,000. Finally, Bull Oak Capital LLC purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the third quarter worth $33,000. 37.11% of the stock is owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

Shares of DIA traded up $5.50 during trading hours on Friday, reaching $423.17. 1,880,103 shares of the company traded hands, compared to its average volume of 3,401,556. The business has a fifty day moving average price of $419.59 and a 200-day moving average price of $402.37. SPDR Dow Jones Industrial Average ETF Trust has a 12-month low of $334.41 and a 12-month high of $433.20.

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.