Frank Rimerman Advisors LLC Boosts Stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Frank Rimerman Advisors LLC lifted its position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 1.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,604 shares of the exchange traded fund’s stock after purchasing an additional 149 shares during the quarter. Frank Rimerman Advisors LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $6,214,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Tull Financial Group Inc. grew its position in SPDR Dow Jones Industrial Average ETF Trust by 4.7% in the 4th quarter. Tull Financial Group Inc. now owns 562 shares of the exchange traded fund’s stock valued at $239,000 after buying an additional 25 shares during the last quarter. American Capital Advisory LLC boosted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 60.5% in the fourth quarter. American Capital Advisory LLC now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 26 shares in the last quarter. QRG Capital Management Inc. increased its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 0.8% during the fourth quarter. QRG Capital Management Inc. now owns 3,457 shares of the exchange traded fund’s stock worth $1,471,000 after acquiring an additional 26 shares during the period. Seamount Financial Group Inc. raised its holdings in SPDR Dow Jones Industrial Average ETF Trust by 0.6% during the fourth quarter. Seamount Financial Group Inc. now owns 4,777 shares of the exchange traded fund’s stock worth $2,032,000 after purchasing an additional 29 shares in the last quarter. Finally, Founders Financial Alliance LLC lifted its position in SPDR Dow Jones Industrial Average ETF Trust by 0.4% in the fourth quarter. Founders Financial Alliance LLC now owns 8,376 shares of the exchange traded fund’s stock valued at $3,564,000 after purchasing an additional 32 shares during the period. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

Shares of DIA stock opened at $415.36 on Friday. SPDR Dow Jones Industrial Average ETF Trust has a 1-year low of $376.14 and a 1-year high of $451.55. The firm has a market capitalization of $35.59 billion, a PE ratio of 24.21 and a beta of 0.95. The business’s fifty day moving average price is $435.50 and its 200 day moving average price is $430.66.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, February 18th. Investors 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.