Verdence Capital Advisors LLC increased its position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA – Free Report) by 5.0% during the 1st quarter, Holdings Channel.com reports. The firm owned 2,792 shares of the exchange traded fund’s stock after buying an additional 132 shares during the quarter. Verdence Capital Advisors LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $1,172,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Freedom Investment Management Inc. increased its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 3.9% in the fourth quarter. Freedom Investment Management Inc. now owns 612 shares of the exchange traded fund’s stock valued at $260,000 after buying an additional 23 shares in the last quarter. NBT Bank N A NY boosted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 0.7% during the first quarter. NBT Bank N A NY now owns 3,921 shares of the exchange traded fund’s stock worth $1,647,000 after purchasing an additional 28 shares during the period. Innovative Wealth Building LLC increased its stake in SPDR Dow Jones Industrial Average ETF Trust by 1.6% in the 1st quarter. Innovative Wealth Building LLC now owns 1,801 shares of the exchange traded fund’s stock valued at $756,000 after buying an additional 28 shares during the period. Cornerstone Advisory LLC lifted its position in SPDR Dow Jones Industrial Average ETF Trust by 3.4% in the 4th quarter. Cornerstone Advisory LLC now owns 892 shares of the exchange traded fund’s stock worth $398,000 after buying an additional 29 shares in the last quarter. Finally, Wealthfront Advisers LLC boosted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 0.4% during the 1st quarter. Wealthfront Advisers LLC now owns 6,996 shares of the exchange traded fund’s stock valued at $2,937,000 after buying an additional 29 shares during the period. Institutional investors own 37.11% of the company’s stock.
SPDR Dow Jones Industrial Average ETF Trust Stock Up 0.6%
NYSEARCA:DIA opened at $445.22 on Friday. SPDR Dow Jones Industrial Average ETF Trust has a 12 month low of $366.32 and a 12 month high of $451.55. The firm has a market cap of $38.29 billion, a price-to-earnings ratio of 22.20 and a beta of 0.94. The company’s 50 day moving average is $430.14 and its 200-day moving average is $425.00.
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.
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