GenWealth Group Inc. Acquires 3,110 Shares of SPDR Dow Jones Industrial Average ETF Trust $DIA

GenWealth Group Inc. lifted its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 6.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 51,376 shares of the exchange traded fund’s stock after acquiring an additional 3,110 shares during the quarter. SPDR Dow Jones Industrial Average ETF Trust comprises 4.3% of GenWealth Group Inc.’s portfolio, making the stock its 10th largest holding. GenWealth Group Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $25,411,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in the stock. Elevation Point Wealth Partners LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust during the second quarter valued at approximately $27,000. McIlrath & Eck LLC lifted its position in SPDR Dow Jones Industrial Average ETF Trust by 454.5% in the 2nd quarter. McIlrath & Eck LLC now owns 61 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 50 shares in the last quarter. Hollencrest Capital Management lifted its position in SPDR Dow Jones Industrial Average ETF Trust by 1,000.0% in the 2nd quarter. Hollencrest Capital Management now owns 66 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 60 shares in the last quarter. Cornerstone Planning Group LLC acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter valued at $32,000. Finally, Smartleaf Asset Management LLC acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter valued at $42,000. 37.11% of the stock is currently owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Trading Up 0.6%

NYSEARCA DIA opened at $464.14 on Thursday. SPDR Dow Jones Industrial Average ETF Trust has a 1-year low of $366.32 and a 1-year high of $505.30. The company has a market capitalization of $41.33 billion, a PE ratio of 22.20 and a beta of 0.91. The firm’s fifty day simple moving average is $485.77 and its 200-day simple moving average is $477.36.

SPDR Dow Jones Industrial Average ETF Trust Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, April 13th. Shareholders of record on Friday, March 20th will be paid a $0.9937 dividend. This represents a c) dividend on an annualized basis and a yield of 2.6%. This is an increase from SPDR Dow Jones Industrial Average ETF Trust’s previous monthly dividend of $0.61. The ex-dividend date is Friday, March 20th.

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.