SPDR Dow Jones Industrial Average ETF Trust $DIA Holdings Increased by TCP Asset Management LLC

TCP Asset Management LLC lifted its holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 4.0% in the 4th quarter, Holdings Channel reports. The firm owned 78,221 shares of the exchange traded fund’s stock after acquiring an additional 3,016 shares during the period. SPDR Dow Jones Industrial Average ETF Trust accounts for 6.3% of TCP Asset Management LLC’s portfolio, making the stock its 3rd biggest holding. TCP Asset Management LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $37,591,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Elevation Point Wealth Partners LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the second quarter valued at $27,000. McIlrath & Eck LLC increased its holdings in SPDR Dow Jones Industrial Average ETF Trust by 454.5% in the 2nd quarter. McIlrath & Eck LLC now owns 61 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 50 shares in the last quarter. Hollencrest Capital Management raised its position in SPDR Dow Jones Industrial Average ETF Trust by 1,000.0% in the 2nd quarter. Hollencrest Capital Management now owns 66 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 60 shares during the last quarter. Cornerstone Planning Group LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter worth about $32,000. Finally, Smartleaf Asset Management LLC bought a new position in SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter valued at about $42,000. 37.11% of the stock is owned by institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Stock Down 1.1%

Shares of NYSEARCA DIA opened at $455.89 on Friday. The firm’s 50-day moving average price is $487.61 and its 200-day moving average price is $477.04. SPDR Dow Jones Industrial Average ETF Trust has a 52-week low of $366.32 and a 52-week high of $505.30. The company has a market cap of $40.59 billion, a PE ratio of 22.20 and a beta of 0.91.

SPDR Dow Jones Industrial Average ETF Trust Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, April 13th. Investors of record on Friday, March 20th will be given a dividend of $0.9937 per share. This represents a c) dividend on an annualized basis and a yield of 2.6%. This is a positive change from SPDR Dow Jones Industrial Average ETF Trust’s previous monthly dividend of $0.61. The ex-dividend date is Friday, March 20th.

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.