Hubbell Strickland Wealth Management LLC Buys 25 Shares of SPDR Dow Jones Industrial Average ETF Trust $DIA

Hubbell Strickland Wealth Management LLC raised its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 2.9% during the second quarter, Holdings Channel.com reports. The institutional investor owned 885 shares of the exchange traded fund’s stock after purchasing an additional 25 shares during the quarter. Hubbell Strickland Wealth Management LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $390,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. grew its position in SPDR Dow Jones Industrial Average ETF Trust by 46.9% in the first quarter. Goldman Sachs Group Inc. now owns 2,833,063 shares of the exchange traded fund’s stock worth $1,189,547,000 after acquiring an additional 904,328 shares in the last quarter. Hancock Prospecting Pty Ltd lifted its stake in SPDR Dow Jones Industrial Average ETF Trust by 90.8% during the first quarter. Hancock Prospecting Pty Ltd now owns 849,769 shares of the exchange traded fund’s stock worth $356,801,000 after purchasing an additional 404,484 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in SPDR Dow Jones Industrial Average ETF Trust by 7.5% during the first quarter. Ameriprise Financial Inc. now owns 591,776 shares of the exchange traded fund’s stock worth $249,342,000 after purchasing an additional 41,209 shares during the last quarter. USA Financial Formulas lifted its stake in SPDR Dow Jones Industrial Average ETF Trust by 53.4% during the first quarter. USA Financial Formulas now owns 290,626 shares of the exchange traded fund’s stock worth $122,028,000 after purchasing an additional 101,182 shares during the last quarter. Finally, Pinkerton Retirement Specialists LLC raised its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 199.5% during the 1st quarter. Pinkerton Retirement Specialists LLC now owns 257,426 shares of the exchange traded fund’s stock valued at $108,088,000 after buying an additional 171,476 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 Trading Up 0.5%

Shares of NYSEARCA DIA opened at $467.51 on Friday. The stock has a market cap of $39.78 billion, a price-to-earnings ratio of 22.20 and a beta of 0.94. SPDR Dow Jones Industrial Average ETF Trust has a 1-year low of $366.32 and a 1-year high of $470.38. The stock’s 50-day moving average is $453.79 and its 200 day moving average is $432.36.

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.