Brown Brothers Harriman & Co. Boosts Stock Position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Brown Brothers Harriman & Co. raised its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 178.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 515 shares of the exchange traded fund’s stock after purchasing an additional 330 shares during the quarter. Brown Brothers Harriman & Co.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $219,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in DIA. FMR LLC lifted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 10.7% in the 3rd quarter. FMR LLC now owns 74,060 shares of the exchange traded fund’s stock worth $31,336,000 after purchasing an additional 7,143 shares during the period. Freedom Investment Management Inc. bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter valued at $249,000. Hantz Financial Services Inc. bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter worth $118,000. FSA Wealth Management LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter worth $60,000. Finally, Benjamin Edwards Inc. bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the third quarter valued at about $982,000. 37.11% of the stock is owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

Shares of SPDR Dow Jones Industrial Average ETF Trust stock opened at $419.88 on Tuesday. The company has a market capitalization of $37.30 billion, a PE ratio of 22.75 and a beta of 0.94. The company has a 50-day simple moving average of $433.99 and a two-hundred day simple moving average of $431.71. SPDR Dow Jones Industrial Average ETF Trust has a one year low of $376.14 and a one year high of $451.55.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, February 18th. Investors of record on Friday, January 17th were paid a dividend of $0.1624 per share. The ex-dividend date was Friday, January 17th.

About SPDR Dow Jones Industrial Average ETF Trust

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.