Holderness Investments Co. Has $771,000 Stock Position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Holderness Investments Co. boosted its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 3.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 1,813 shares of the exchange traded fund’s stock after buying an additional 60 shares during the period. Holderness Investments Co.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $771,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of DIA. CHURCHILL MANAGEMENT Corp grew its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 0.8% during the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 537,885 shares of the exchange traded fund’s stock worth $228,870,000 after purchasing an additional 4,029 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter worth approximately $195,249,000. Wealthfront Advisers LLC grew its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 8,900.9% during the 4th quarter. Wealthfront Advisers LLC now owns 416,203 shares of the exchange traded fund’s stock worth $177,094,000 after purchasing an additional 411,579 shares in the last quarter. SG Americas Securities LLC grew its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 76.1% during the 4th quarter. SG Americas Securities LLC now owns 309,911 shares of the exchange traded fund’s stock worth $131,867,000 after purchasing an additional 133,961 shares in the last quarter. Finally, Private Advisor Group LLC grew its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 106.1% during the 4th quarter. Private Advisor Group LLC now owns 281,782 shares of the exchange traded fund’s stock worth $119,900,000 after purchasing an additional 145,050 shares in the last quarter. Institutional investors and hedge funds own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Down 0.1 %

Shares of NYSEARCA:DIA opened at $420.12 on Friday. The company’s 50 day moving average price is $434.93 and its two-hundred day moving average price is $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. The firm has a market cap of $37.32 billion, a PE ratio of 22.75 and a beta of 0.94.

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 dividend of $0.1624 per share. The ex-dividend date 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.