Banco Santander S.A. Increases Stake in SPDR Dow Jones Industrial Average ETF Trust $DIA

Banco Santander S.A. boosted its position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 79.0% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 4,305 shares of the exchange traded fund’s stock after acquiring an additional 1,900 shares during the period. Banco Santander S.A.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $1,996,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Elevation Point Wealth Partners LLC bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the second quarter valued at approximately $27,000. McIlrath & Eck LLC grew its stake in 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 valued at $27,000 after buying an additional 50 shares in the last quarter. Hollencrest Capital Management raised its holdings in 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. Cornerstone Planning Group LLC bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter valued at $32,000. Finally, Pineridge Advisors LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the second quarter worth $32,000. Institutional investors 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 $489.66 on Friday. The firm has a market capitalization of $43.60 billion, a P/E ratio of 22.20 and a beta of 0.91. SPDR Dow Jones Industrial Average ETF Trust has a one year low of $366.32 and a one year high of $505.30. The business has a fifty day moving average price of $491.63 and a 200-day moving average price of $475.00.

SPDR Dow Jones Industrial Average ETF Trust Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, March 16th. Shareholders 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) annualized dividend and a yield of 1.5%. This is an increase from SPDR Dow Jones Industrial Average ETF Trust’s previous monthly dividend of $0.18.

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.