Jefferies Financial Group Inc. Buys 25,734 Shares of SPDR Dow Jones Industrial Average ETF Trust $DIA

Jefferies Financial Group Inc. raised its stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 521.6% during the third quarter, HoldingsChannel reports. The firm owned 30,668 shares of the exchange traded fund’s stock after buying an additional 25,734 shares during the quarter. Jefferies Financial Group Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $14,222,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of DIA. Brighton Jones LLC boosted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 10.2% in the 4th quarter. Brighton Jones LLC now owns 12,054 shares of the exchange traded fund’s stock worth $5,129,000 after purchasing an additional 1,116 shares during the period. Bison Wealth LLC raised its holdings in SPDR Dow Jones Industrial Average ETF Trust by 5.0% during the 4th quarter. Bison Wealth LLC now owns 2,483 shares of the exchange traded fund’s stock valued at $1,057,000 after buying an additional 118 shares during the period. Bank of New York Mellon Corp lifted its position in SPDR Dow Jones Industrial Average ETF Trust by 0.4% in the second quarter. Bank of New York Mellon Corp now owns 61,716 shares of the exchange traded fund’s stock worth $27,195,000 after buying an additional 216 shares during the last quarter. Atlantic Union Bankshares Corp purchased a new position in SPDR Dow Jones Industrial Average ETF Trust during the second quarter worth $300,000. Finally, Modera Wealth Management LLC boosted its stake in SPDR Dow Jones Industrial Average ETF Trust by 6.5% during the second quarter. Modera Wealth Management LLC now owns 3,842 shares of the exchange traded fund’s stock worth $1,693,000 after buying an additional 236 shares during the period. 37.11% of the stock is owned by institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Stock Down 1.0%

DIA stock opened at $475.23 on Monday. SPDR Dow Jones Industrial Average ETF Trust has a twelve month low of $366.32 and a twelve month high of $505.30. The stock has a market capitalization of $42.31 billion, a price-to-earnings ratio of 22.20 and a beta of 0.91. The firm’s fifty day simple moving average is $491.40 and its two-hundred day simple moving average is $476.38.

SPDR Dow Jones Industrial Average ETF Trust Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, March 16th. Investors of record on Friday, February 20th will be issued a dividend of $0.6131 per share. This represents a c) annualized dividend and a yield of 1.5%. The ex-dividend date is Friday, February 20th. This is a positive change from SPDR Dow Jones Industrial Average ETF Trust’s previous monthly dividend of $0.18.

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.