SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) Shares Bought by Wells Fargo & Company MN

Wells Fargo & Company MN grew its holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 7.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,361,777 shares of the exchange traded fund’s stock after buying an additional 92,463 shares during the quarter. Wells Fargo & Company MN owned about 1.59% of SPDR Dow Jones Industrial Average ETF Trust worth $579,436,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of DIA. Raymond James Financial Inc. acquired a new position in SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter worth about $195,249,000. Wealthfront Advisers LLC grew its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 8,900.9% in the 4th quarter. Wealthfront Advisers LLC now owns 416,203 shares of the exchange traded fund’s stock worth $177,094,000 after acquiring an additional 411,579 shares during the period. AIA Group Ltd increased its stake in SPDR Dow Jones Industrial Average ETF Trust by 246.5% in the 4th quarter. AIA Group Ltd now owns 356,075 shares of the exchange traded fund’s stock valued at $151,510,000 after purchasing an additional 253,320 shares in the last quarter. Strategic Financial Concepts LLC raised its holdings in SPDR Dow Jones Industrial Average ETF Trust by 42,602.7% during the fourth quarter. Strategic Financial Concepts LLC now owns 250,665 shares of the exchange traded fund’s stock worth $106,658,000 after purchasing an additional 250,078 shares during the last quarter. Finally, USA Financial Formulas boosted its position in SPDR Dow Jones Industrial Average ETF Trust by 7,978.6% during the fourth quarter. USA Financial Formulas now owns 189,444 shares of the exchange traded fund’s stock worth $80,608,000 after purchasing an additional 187,099 shares in the last quarter. 37.11% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

SPDR Dow Jones Industrial Average ETF Trust stock opened at $383.22 on Friday. SPDR Dow Jones Industrial Average ETF Trust has a fifty-two week low of $376.14 and a fifty-two week high of $451.55. The firm has a market capitalization of $33.83 billion, a price-to-earnings ratio of 23.00 and a beta of 0.91. The stock’s fifty day moving average is $431.17 and its two-hundred day moving average is $431.25.

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 issued a dividend of $0.1624 per share. The ex-dividend date was Friday, January 17th.

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.