Financial Management Network Inc. Invests $209,000 in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Financial Management Network Inc. acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 494 shares of the exchange traded fund’s stock, valued at approximately $209,000.

A number of other large investors also recently bought and sold shares of the stock. Bull Oak Capital LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter valued at approximately $33,000. DORCHESTER WEALTH MANAGEMENT Co raised its position in SPDR Dow Jones Industrial Average ETF Trust by 4.7% in the third quarter. DORCHESTER WEALTH MANAGEMENT Co now owns 560 shares of the exchange traded fund’s stock valued at $237,000 after purchasing an additional 25 shares during the period. Grimes & Company Inc. raised its position in SPDR Dow Jones Industrial Average ETF Trust by 7.3% in the third quarter. Grimes & Company Inc. now owns 7,343 shares of the exchange traded fund’s stock valued at $3,107,000 after purchasing an additional 502 shares during the period. Global Assets Advisory LLC acquired a new position in SPDR Dow Jones Industrial Average ETF Trust during the third quarter worth $272,000. Finally, BTS Asset Management Inc. purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the third quarter worth $1,338,000. Institutional investors and hedge funds own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

Shares of DIA stock traded up $2.11 on Friday, hitting $425.89. The stock had a trading volume of 324,410 shares, compared to its average volume of 3,402,064. The company’s 50 day moving average price is $417.90 and its 200-day moving average price is $400.96. SPDR Dow Jones Industrial Average ETF Trust has a 1 year low of $323.21 and a 1 year 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.