Osbon Capital Management LLC Invests $1.35 Million in SPDR Dow Jones Industrial Average ETF Trust $DIA

Osbon Capital Management LLC purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,801 shares of the exchange traded fund’s stock, valued at approximately $1,346,000. SPDR Dow Jones Industrial Average ETF Trust makes up approximately 1.3% of Osbon Capital Management LLC’s investment portfolio, making the stock its 16th largest position.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Fund Advisors of America Inc FL purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter worth approximately $200,000. World Investment Advisors boosted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 10.8% in the fourth quarter. World Investment Advisors now owns 12,803 shares of the exchange traded fund’s stock valued at $6,153,000 after buying an additional 1,253 shares in the last quarter. Nalls Sherbakoff Group LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter valued at approximately $58,000. Corient Private Wealth LLC grew its holdings in SPDR Dow Jones Industrial Average ETF Trust by 18.4% during the fourth quarter. Corient Private Wealth LLC now owns 36,926 shares of the exchange traded fund’s stock worth $17,749,000 after acquiring an additional 5,729 shares during the period. Finally, Union Savings Bank acquired a new position in SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter worth $113,000. Institutional investors and hedge funds own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

NYSEARCA:DIA opened at $515.52 on Friday. SPDR Dow Jones Industrial Average ETF Trust has a 1 year low of $419.62 and a 1 year high of $524.17. The stock has a fifty day moving average price of $500.50 and a two-hundred day moving average price of $489.05. The stock has a market capitalization of $44.69 billion, a price-to-earnings ratio of 22.20 and a beta of 0.86.

SPDR Dow Jones Industrial Average ETF Trust 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.