Rakuten Securities Inc. Buys 720 Shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Rakuten Securities Inc. grew its stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 418.6% in the fourth quarter, Holdings Channel reports. The fund owned 892 shares of the exchange traded fund’s stock after acquiring an additional 720 shares during the quarter. Rakuten Securities Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $380,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Tull Financial Group Inc. grew its stake in SPDR Dow Jones Industrial Average ETF Trust by 4.7% during the fourth quarter. Tull Financial Group Inc. now owns 562 shares of the exchange traded fund’s stock valued at $239,000 after acquiring an additional 25 shares in the last quarter. American Capital Advisory LLC grew its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 60.5% in the 4th quarter. American Capital Advisory LLC now owns 69 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 26 shares in the last quarter. QRG Capital Management Inc. grew its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 0.8% in the 4th quarter. QRG Capital Management Inc. now owns 3,457 shares of the exchange traded fund’s stock worth $1,471,000 after buying an additional 26 shares in the last quarter. Seamount Financial Group Inc. grew its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 0.6% in the 4th quarter. Seamount Financial Group Inc. now owns 4,777 shares of the exchange traded fund’s stock worth $2,032,000 after buying an additional 29 shares in the last quarter. Finally, Founders Financial Alliance LLC grew its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 0.4% in the 4th quarter. Founders Financial Alliance LLC now owns 8,376 shares of the exchange traded fund’s stock worth $3,564,000 after buying an additional 32 shares in the last quarter. 37.11% of the stock is owned by institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

Shares of DIA opened at $414.74 on Wednesday. SPDR Dow Jones Industrial Average ETF Trust has a 1-year low of $376.14 and a 1-year high of $451.55. The company has a 50-day moving average of $436.27 and a 200 day moving average of $430.91. The firm has a market capitalization of $35.54 billion, a price-to-earnings ratio of 24.21 and a beta of 0.95.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

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

About SPDR Dow Jones Industrial Average ETF Trust

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.