SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) Position Boosted by Pinnacle Wealth Planning Services Inc.

Pinnacle Wealth Planning Services Inc. raised its position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 239.6% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,800 shares of the exchange traded fund’s stock after purchasing an additional 1,270 shares during the quarter. Pinnacle Wealth Planning Services Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $766,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. American Capital Advisory LLC boosted its stake in SPDR Dow Jones Industrial Average ETF Trust by 60.5% during the 4th quarter. American Capital Advisory LLC now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 26 shares in the last quarter. Crews Bank & Trust bought a new position in SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter valued at $53,000. NewSquare Capital LLC boosted its stake in SPDR Dow Jones Industrial Average ETF Trust by 432.0% during the 4th quarter. NewSquare Capital LLC now owns 133 shares of the exchange traded fund’s stock valued at $57,000 after purchasing an additional 108 shares in the last quarter. Halbert Hargrove Global Advisors LLC bought a new position in SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter valued at $59,000. Finally, FSA Wealth Management LLC bought a new position in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter valued at $60,000. 37.11% of the stock is owned by institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

Shares of NYSEARCA DIA opened at $430.47 on Thursday. The stock has a fifty day moving average price of $436.79 and a two-hundred day moving average price of $430.40. The firm has a market cap of $36.89 billion, a P/E ratio of 24.21 and a beta of 0.95. SPDR Dow Jones Industrial Average ETF Trust has a 1 year low of $376.14 and a 1 year high of $451.55.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, February 18th. Stockholders of record on Friday, January 17th were paid a dividend of $0.1624 per share. The ex-dividend date of this dividend was Friday, January 17th.

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.