Financial Planning Hawaii Inc. Makes New Investment in SPDR Dow Jones Industrial Average ETF Trust $DIA

Financial Planning Hawaii Inc. purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 1,553 shares of the exchange traded fund’s stock, valued at approximately $746,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Elevation Point Wealth Partners LLC purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the 2nd quarter valued at $27,000. McIlrath & Eck LLC increased its holdings 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 purchasing an additional 50 shares in the last quarter. Hollencrest Capital Management increased its holdings in SPDR Dow Jones Industrial Average ETF Trust by 1,000.0% in the 2nd 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 in the last quarter. Cornerstone Planning Group LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust in the third quarter valued at about $32,000. Finally, Smartleaf Asset Management LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust in the second quarter valued at about $42,000. 37.11% of the stock is owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

DIA stock opened at $452.06 on Tuesday. The firm has a market cap of $40.25 billion, a P/E ratio of 22.20 and a beta of 0.91. 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 has a 50-day simple moving average of $483.40 and a 200-day simple moving average of $477.42.

SPDR Dow Jones Industrial Average ETF Trust Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, April 13th. Investors of record on Friday, March 20th will be issued a dividend of $0.9937 per share. This represents a c) dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Friday, March 20th. This is a positive change from SPDR Dow Jones Industrial Average ETF Trust’s previous monthly dividend of $0.61.

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.