Retirement Planning Co of New England Inc. Acquires 175 Shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Retirement Planning Co of New England Inc. raised its holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 23.9% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 906 shares of the exchange traded fund’s stock after buying an additional 175 shares during the quarter. Retirement Planning Co of New England Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $386,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in DIA. Raymond James Financial Inc. bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter worth approximately $195,249,000. Wealthfront Advisers LLC lifted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 8,900.9% in the 4th quarter. Wealthfront Advisers LLC now owns 416,203 shares of the exchange traded fund’s stock valued at $177,094,000 after purchasing an additional 411,579 shares during the period. The Manufacturers Life Insurance Company purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter valued at approximately $113,015,000. Strategic Financial Concepts LLC lifted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 42,602.7% in the 4th quarter. Strategic Financial Concepts LLC now owns 250,665 shares of the exchange traded fund’s stock valued at $106,658,000 after purchasing an additional 250,078 shares during the period. Finally, USA Financial Formulas lifted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 7,978.6% in the 4th quarter. USA Financial Formulas now owns 189,444 shares of the exchange traded fund’s stock valued at $80,608,000 after purchasing an additional 187,099 shares during the period. 37.11% of the stock is currently owned by institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Stock Up 0.9 %

DIA opened at $419.21 on Tuesday. The stock has a market cap of $37.24 billion, a PE ratio of 22.75 and a beta of 0.94. The business has a 50 day moving average of $435.34 and a 200-day moving average of $430.96. SPDR Dow Jones Industrial Average ETF Trust has a 52 week low of $376.14 and a 52 week high of $451.55.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

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

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.