Cornerstone Wealth Management LLC Acquires 1,659 Shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Cornerstone Wealth Management LLC lifted its position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 8.1% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 22,066 shares of the exchange traded fund’s stock after purchasing an additional 1,659 shares during the period. Cornerstone Wealth Management LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $9,389,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in DIA. Toronto Dominion Bank grew its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 509.4% in the second quarter. Toronto Dominion Bank now owns 25,084 shares of the exchange traded fund’s stock worth $9,811,000 after purchasing an additional 20,968 shares during the last quarter. Daymark Wealth Partners LLC bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the second quarter worth approximately $831,000. Smith Thornton Advisors LLC bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the second quarter worth approximately $305,000. Aviso Wealth Management bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the second quarter worth approximately $254,000. Finally, Creative Planning grew its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 2.3% in the second quarter. Creative Planning now owns 86,333 shares of the exchange traded fund’s stock worth $33,768,000 after purchasing an additional 1,915 shares during the last quarter. Institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

Shares of SPDR Dow Jones Industrial Average ETF Trust stock opened at $445.38 on Friday. The company’s 50 day moving average price is $435.50 and its 200-day moving average price is $421.63. SPDR Dow Jones Industrial Average ETF Trust has a 52-week low of $376.14 and a 52-week high of $451.55.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, February 18th. Investors of record on Friday, January 17th will be paid a $0.1624 dividend. The ex-dividend date is Friday, January 17th.

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.