Caprock Group LLC Buys New Position in SPDR Dow Jones Industrial Average ETF Trust $DIA

Caprock Group LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 2,558 shares of the exchange traded fund’s stock, valued at approximately $1,168,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Elevation Point Wealth Partners LLC bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the second quarter valued at about $27,000. McIlrath & Eck LLC lifted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 454.5% during the 2nd quarter. McIlrath & Eck LLC now owns 61 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 50 shares in the last quarter. Hollencrest Capital Management grew its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 1,000.0% during the 2nd quarter. Hollencrest Capital Management now owns 66 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 60 shares during the period. Pineridge Advisors LLC purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 2nd quarter worth approximately $32,000. Finally, Cornerstone Planning Group LLC bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter worth approximately $32,000. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

DIA opened at $495.28 on Friday. The stock has a market cap of $44.10 billion, a price-to-earnings ratio of 22.20 and a beta of 0.91. The firm’s fifty day moving average is $489.23 and its 200 day moving average is $471.33. 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.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, February 17th. Stockholders of record on Friday, January 16th will be issued 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.

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.