Banco Santander S.A. Purchases 1,900 Shares of SPDR Dow Jones Industrial Average ETF Trust $DIA

Banco Santander S.A. boosted its position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 79.0% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 4,305 shares of the exchange traded fund’s stock after purchasing an additional 1,900 shares during the quarter. Banco Santander S.A.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $1,996,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the company. First Horizon Corp purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the third quarter worth about $5,101,000. Ashton Thomas Private Wealth LLC lifted its position in SPDR Dow Jones Industrial Average ETF Trust by 47.6% during the third quarter. Ashton Thomas Private Wealth LLC now owns 5,403 shares of the exchange traded fund’s stock valued at $2,513,000 after purchasing an additional 1,742 shares during the last quarter. Benjamin Edwards Inc. lifted its position in SPDR Dow Jones Industrial Average ETF Trust by 55.5% during the third quarter. Benjamin Edwards Inc. now owns 3,629 shares of the exchange traded fund’s stock valued at $1,683,000 after purchasing an additional 1,295 shares during the last quarter. Melone Private Wealth LLC grew its stake in SPDR Dow Jones Industrial Average ETF Trust by 10.0% in the 3rd quarter. Melone Private Wealth LLC now owns 31,198 shares of the exchange traded fund’s stock worth $14,468,000 after buying an additional 2,840 shares in the last quarter. Finally, Bank of Nova Scotia bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the 2nd quarter worth $104,617,000. 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 $489.66 on Friday. SPDR Dow Jones Industrial Average ETF Trust has a fifty-two week low of $366.32 and a fifty-two week high of $505.30. The stock has a market cap of $43.60 billion, a P/E ratio of 22.20 and a beta of 0.91. The firm’s fifty day moving average price is $491.63 and its 200-day moving average price is $475.00.

SPDR Dow Jones Industrial Average ETF Trust Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, March 16th. Investors of record on Friday, February 20th will be paid a $0.6131 dividend. This is a boost from SPDR Dow Jones Industrial Average ETF Trust’s previous monthly dividend of $0.18. This represents a c) dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Friday, February 20th.

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.