Bedminster LLC Invests $2.17 Million in SPDR Dow Jones Industrial Average ETF Trust $DIA

Bedminster LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 4,508 shares of the exchange traded fund’s stock, valued at approximately $2,166,000. SPDR Dow Jones Industrial Average ETF Trust accounts for 2.0% of Bedminster LLC’s portfolio, making the stock its 12th largest holding.

A number of other institutional investors also recently made changes to their positions in DIA. Brighton Jones LLC lifted its stake 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 acquiring an additional 1,116 shares during the period. Bison Wealth LLC raised its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 5.0% in the 4th quarter. Bison Wealth LLC now owns 2,483 shares of the exchange traded fund’s stock worth $1,057,000 after purchasing an additional 118 shares in the last quarter. Russell Investments Group Ltd. raised its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 5.3% in the 2nd quarter. Russell Investments Group Ltd. now owns 796 shares of the exchange traded fund’s stock worth $351,000 after purchasing an additional 40 shares in the last quarter. First Trust Advisors LP raised its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 68.5% in the 2nd quarter. First Trust Advisors LP now owns 1,650 shares of the exchange traded fund’s stock worth $727,000 after purchasing an additional 671 shares in the last quarter. Finally, Gamco Investors INC. ET AL bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the 2nd quarter worth approximately $220,000. 37.11% of the stock is owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

NYSEARCA DIA opened at $500.80 on Friday. The company’s 50 day simple moving average is $479.07 and its 200 day simple moving average is $482.43. SPDR Dow Jones Industrial Average ETF Trust has a 12 month low of $413.83 and a 12 month high of $505.30. The company has a market capitalization of $43.41 billion, a P/E ratio of 22.20 and a beta of 0.87.

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.