Jacksonville Wealth Management LLC Acquires 1,648 Shares of SPDR Dow Jones Industrial Average ETF Trust $DIA

Jacksonville Wealth Management LLC increased its stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 7.9% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 22,406 shares of the exchange traded fund’s stock after purchasing an additional 1,648 shares during the period. SPDR Dow Jones Industrial Average ETF Trust makes up approximately 7.6% of Jacksonville Wealth Management LLC’s investment portfolio, making the stock its 5th largest position. Jacksonville Wealth Management LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $10,391,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the business. First Horizon Corp acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the third quarter worth approximately $5,101,000. Calamos Wealth Management LLC acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 2nd quarter valued at about $441,000. Stephens Inc. AR lifted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 3.1% during the second quarter. Stephens Inc. AR now owns 63,082 shares of the exchange traded fund’s stock valued at $27,797,000 after purchasing an additional 1,881 shares during the last quarter. Benjamin Edwards Inc. boosted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 55.5% in the third quarter. Benjamin Edwards Inc. now owns 3,629 shares of the exchange traded fund’s stock worth $1,683,000 after buying an additional 1,295 shares during the period. Finally, Melone Private Wealth LLC increased its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 10.0% in the third quarter. Melone Private Wealth LLC now owns 31,198 shares of the exchange traded fund’s stock worth $14,468,000 after acquiring an additional 2,840 shares during the last quarter. Institutional investors and hedge funds own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

SPDR Dow Jones Industrial Average ETF Trust stock opened at $489.03 on Friday. SPDR Dow Jones Industrial Average ETF Trust has a one year low of $366.32 and a one year high of $496.34. The company’s fifty day moving average price is $484.89 and its two-hundred day moving average price is $467.80. The company has a market capitalization of $43.54 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 firm also recently disclosed a monthly dividend, which will be paid on Tuesday, February 17th. Stockholders of record on Friday, January 16th will be given a $0.1786 dividend. This represents a c) annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend is Friday, January 16th.

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.