BTS Asset Management Inc. Invests $1.34 Million in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

BTS Asset Management Inc. bought a new stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,162 shares of the exchange traded fund’s stock, valued at approximately $1,338,000. SPDR Dow Jones Industrial Average ETF Trust comprises approximately 1.3% of BTS Asset Management Inc.’s holdings, making the stock its 4th biggest holding.

A number of other hedge funds and other institutional investors also recently bought and sold shares of DIA. International Assets Investment Management LLC increased its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 42,971.1% in the 3rd quarter. International Assets Investment Management LLC now owns 3,402,189 shares of the exchange traded fund’s stock valued at $1,439,534,000 after acquiring an additional 3,394,290 shares during the last quarter. Axecap Investments LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust in the third quarter valued at approximately $212,000. U.S. Capital Wealth Advisors LLC raised its holdings in SPDR Dow Jones Industrial Average ETF Trust by 1,103.5% during the third quarter. U.S. Capital Wealth Advisors LLC now owns 36,357 shares of the exchange traded fund’s stock worth $15,383,000 after purchasing an additional 33,336 shares in the last quarter. Private Advisor Group LLC raised its holdings in SPDR Dow Jones Industrial Average ETF Trust by 1.1% during the third quarter. Private Advisor Group LLC now owns 136,732 shares of the exchange traded fund’s stock worth $58,116,000 after purchasing an additional 1,518 shares in the last quarter. Finally, Stanley Laman Group Ltd. purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter worth approximately $229,000. 37.11% of the stock is currently owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Stock Down 1.0 %

NYSEARCA DIA opened at $425.12 on Thursday. The firm’s fifty day moving average price is $417.90 and its 200 day moving average price is $400.96. SPDR Dow Jones Industrial Average ETF Trust has a 12 month low of $323.21 and a 12 month high of $433.20.

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.