SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) Shares Acquired by Patten & Patten Inc. TN

Patten & Patten Inc. TN lifted its position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 5.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 941 shares of the exchange traded fund’s stock after acquiring an additional 50 shares during the period. Patten & Patten Inc. TN’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $400,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in DIA. Raymond James Financial Inc. acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter valued at approximately $195,249,000. Wealthfront Advisers LLC raised its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 8,900.9% during the 4th 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 in the last quarter. The Manufacturers Life Insurance Company acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter valued at approximately $113,015,000. Strategic Financial Concepts LLC increased its position in SPDR Dow Jones Industrial Average ETF Trust by 42,602.7% in the fourth quarter. Strategic Financial Concepts LLC now owns 250,665 shares of the exchange traded fund’s stock worth $106,658,000 after buying an additional 250,078 shares during the period. Finally, USA Financial Formulas increased its position in SPDR Dow Jones Industrial Average ETF Trust by 7,978.6% in the fourth quarter. USA Financial Formulas now owns 189,444 shares of the exchange traded fund’s stock worth $80,608,000 after buying an additional 187,099 shares during the period. 37.11% of the stock is owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

Shares of NYSEARCA DIA opened at $415.36 on Monday. SPDR Dow Jones Industrial Average ETF Trust has a 1-year low of $376.14 and a 1-year high of $451.55. The business’s fifty day moving average price is $435.50 and its two-hundred day moving average price is $430.92. The firm has a market capitalization of $36.90 billion, a PE ratio of 22.75 and a beta of 0.94.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, February 18th. Stockholders of record on Friday, January 17th were issued a dividend of $0.1624 per share. 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.