Riverbend Wealth Management LLC Takes Position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Riverbend Wealth Management LLC acquired a new position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 1,002 shares of the exchange traded fund’s stock, valued at approximately $427,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. American Capital Advisory LLC increased its position in SPDR Dow Jones Industrial Average ETF Trust by 60.5% in the fourth quarter. American Capital Advisory LLC now owns 69 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 26 shares in the last quarter. Crews Bank & Trust purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter valued at $53,000. NewSquare Capital LLC lifted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 432.0% in the 4th quarter. NewSquare Capital LLC now owns 133 shares of the exchange traded fund’s stock valued at $57,000 after acquiring an additional 108 shares during the last quarter. Halbert Hargrove Global Advisors LLC bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter valued at approximately $59,000. Finally, FSA Wealth Management LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust during the third quarter worth $60,000. 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 %

Shares of DIA opened at $419.49 on Tuesday. SPDR Dow Jones Industrial Average ETF Trust has a twelve month low of $376.14 and a twelve month high of $451.55. The company’s fifty day simple moving average is $436.48 and its 200-day simple moving average is $430.89. The company has a market cap of $35.95 billion, a P/E ratio of 24.21 and a beta of 0.95.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, February 18th. Shareholders of record on Friday, January 17th were paid a $0.1624 dividend. 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.