Capital Wealth Planning LLC Buys 447,811 Shares of SPDR Dow Jones Industrial Average ETF Trust $DIA

Capital Wealth Planning LLC increased its stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 2,830.3% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 463,633 shares of the exchange traded fund’s stock after buying an additional 447,811 shares during the period. SPDR Dow Jones Industrial Average ETF Trust comprises about 1.5% of Capital Wealth Planning LLC’s holdings, making the stock its 24th biggest position. Capital Wealth Planning LLC owned about 0.52% of SPDR Dow Jones Industrial Average ETF Trust worth $215,005,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Elevation Point Wealth Partners LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter worth approximately $27,000. McIlrath & Eck LLC lifted its stake in SPDR Dow Jones Industrial Average ETF Trust by 454.5% in the second quarter. McIlrath & Eck LLC now owns 61 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 50 shares during the last quarter. Hollencrest Capital Management lifted its stake in 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 valued at $29,000 after purchasing an additional 60 shares during the last quarter. Pineridge Advisors LLC bought a new position in SPDR Dow Jones Industrial Average ETF Trust during the second quarter valued at $32,000. Finally, Cornerstone Planning Group LLC purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust in the third quarter worth $32,000. 37.11% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

Shares of DIA opened at $466.41 on Friday. SPDR Dow Jones Industrial Average ETF Trust has a 1 year low of $366.32 and a 1 year high of $505.30. The stock’s fifty day moving average price is $490.43 and its two-hundred day moving average price is $476.76. The firm has a market cap of $41.53 billion, a PE ratio of 22.20 and a beta of 0.91.

SPDR Dow Jones Industrial Average ETF Trust Increases Dividend

The company also recently disclosed 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. The ex-dividend date is Friday, February 20th. This represents a c) dividend on an annualized basis and a yield of 1.6%. 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.