Cornerstone Wealth Management LLC Acquires 618 Shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Cornerstone Wealth Management LLC raised its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 3.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,640 shares of the exchange traded fund’s stock after purchasing an additional 618 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $7,017,000 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. Massmutual Trust Co. FSB ADV bought a new position in SPDR Dow Jones Industrial Average ETF Trust in the first quarter worth approximately $36,000. Cetera Trust Company N.A purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter worth $38,000. Partnership Wealth Management LLC bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter valued at $40,000. Glassman Wealth Services increased its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 400.0% in the 4th quarter. Glassman Wealth Services now owns 110 shares of the exchange traded fund’s stock valued at $41,000 after acquiring an additional 88 shares during the period. Finally, Security National Bank bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter worth $49,000. 37.11% of the stock is currently owned by institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

DIA stock traded down $0.46 during trading on Thursday, reaching $392.83. 2,319,124 shares of the company traded hands, compared to its average volume of 2,360,951. The business has a 50 day simple moving average of $389.66 and a 200 day simple moving average of $385.95. SPDR Dow Jones Industrial Average ETF Trust has a 12 month low of $323.21 and a 12 month high of $400.99.

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.