Ausdal Financial Partners Inc. Buys 4,384 Shares of SPDR Dow Jones Industrial Average ETF Trust $DIA

Ausdal Financial Partners Inc. increased its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 51.3% during the 3rd quarter, HoldingsChannel reports. The firm owned 12,925 shares of the exchange traded fund’s stock after buying an additional 4,384 shares during the period. Ausdal Financial Partners Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $5,994,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Elevation Point Wealth Partners LLC purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter valued at $27,000. McIlrath & Eck LLC boosted its stake in shares of 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 during the last quarter. Hollencrest Capital Management grew its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 1,000.0% in the second quarter. Hollencrest Capital Management now owns 66 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 60 shares during the period. Pineridge Advisors LLC bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the second quarter worth $32,000. Finally, Cornerstone Planning Group LLC purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the third quarter valued at $32,000. Institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

DIA stock opened at $466.41 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 business’s 50-day moving average is $490.43 and its two-hundred day moving average is $476.91. The company has a market cap of $41.53 billion, a price-to-earnings ratio of 22.20 and a beta of 0.91.

SPDR Dow Jones Industrial Average ETF Trust Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, March 16th. Stockholders of record on Friday, February 20th will be given a dividend of $0.6131 per share. This represents a c) annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend is Friday, February 20th. This is an increase from SPDR Dow Jones Industrial Average ETF Trust’s previous monthly dividend of $0.18.

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.