Frank Rimerman Advisors LLC Grows Holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Frank Rimerman Advisors LLC lifted its position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 1.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 14,604 shares of the exchange traded fund’s stock after buying an additional 149 shares during the quarter. Frank Rimerman Advisors LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $6,214,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of DIA. CHURCHILL MANAGEMENT Corp grew its holdings in SPDR Dow Jones Industrial Average ETF Trust by 0.8% in the fourth quarter. CHURCHILL MANAGEMENT Corp now owns 537,885 shares of the exchange traded fund’s stock valued at $228,870,000 after purchasing an additional 4,029 shares during the period. Raymond James Financial Inc. purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter worth $195,249,000. Wealthfront Advisers LLC boosted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 8,900.9% in the fourth quarter. Wealthfront Advisers LLC now owns 416,203 shares of the exchange traded fund’s stock valued at $177,094,000 after acquiring an additional 411,579 shares during the last quarter. SG Americas Securities LLC grew its position in SPDR Dow Jones Industrial Average ETF Trust by 76.1% during the fourth quarter. SG Americas Securities LLC now owns 309,911 shares of the exchange traded fund’s stock valued at $131,867,000 after acquiring an additional 133,961 shares during the period. Finally, Private Advisor Group LLC increased its stake in SPDR Dow Jones Industrial Average ETF Trust by 106.1% during the fourth quarter. Private Advisor Group LLC now owns 281,782 shares of the exchange traded fund’s stock worth $119,900,000 after acquiring an additional 145,050 shares during the last quarter. Institutional investors and hedge funds own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

NYSEARCA DIA opened at $415.36 on Friday. SPDR Dow Jones Industrial Average ETF Trust has a 1-year low of $376.14 and a 1-year high of $451.55. The firm has a market capitalization of $35.59 billion, a P/E ratio of 24.21 and a beta of 0.95. The business’s 50-day simple moving average is $435.50 and its 200-day simple moving average is $430.66.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The firm 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 of this dividend 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.