Stratos Wealth Partners LTD. Grows Stock Holdings in SPDR Dow Jones Industrial Average ETF Trust $DIA

Stratos Wealth Partners LTD. boosted its holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 7.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 15,417 shares of the exchange traded fund’s stock after buying an additional 1,118 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $7,150,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Bank of Nova Scotia acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter worth about $104,617,000. Thor Trading Advisors LLC increased its stake in SPDR Dow Jones Industrial Average ETF Trust by 227.3% in the third quarter. Thor Trading Advisors LLC now owns 99,182 shares of the exchange traded fund’s stock valued at $45,995,000 after purchasing an additional 68,880 shares during the last quarter. Corient Private Wealth LLC increased its stake in SPDR Dow Jones Industrial Average ETF Trust by 105.7% in the second quarter. Corient Private Wealth LLC now owns 131,160 shares of the exchange traded fund’s stock valued at $57,796,000 after purchasing an additional 67,399 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in SPDR Dow Jones Industrial Average ETF Trust by 14.9% during the second quarter. JPMorgan Chase & Co. now owns 495,852 shares of the exchange traded fund’s stock worth $218,498,000 after purchasing an additional 64,314 shares in the last quarter. Finally, The Manufacturers Life Insurance Company purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter worth approximately $26,516,000. 37.11% of the stock is owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

NYSEARCA DIA opened at $501.33 on Thursday. The firm’s fifty day moving average price is $488.61 and its 200 day moving average price is $470.66. SPDR Dow Jones Industrial Average ETF Trust has a 12 month low of $366.32 and a 12 month high of $505.30. The company has a market capitalization of $44.64 billion, a price-to-earnings ratio of 22.20 and a beta of 0.91.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, February 17th. Shareholders of record on Friday, January 16th will be paid a $0.1786 dividend. This represents a c) annualized dividend and a yield of 0.4%. The ex-dividend date is Friday, January 16th.

SPDR Dow Jones Industrial Average ETF Trust 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.