Prospera Financial Services Inc Increases Stock Holdings in SPDR Dow Jones Industrial Average ETF Trust $DIA

Prospera Financial Services Inc raised its position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 4.5% in the third quarter, HoldingsChannel reports. The firm owned 33,867 shares of the exchange traded fund’s stock after buying an additional 1,462 shares during the quarter. Prospera Financial Services Inc’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $15,724,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its position 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 valued at $218,498,000 after buying an additional 64,314 shares during the period. Raymond James Financial Inc. boosted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 2.0% during the 2nd quarter. Raymond James Financial Inc. now owns 433,334 shares of the exchange traded fund’s stock worth $190,949,000 after acquiring an additional 8,669 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 0.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 281,398 shares of the exchange traded fund’s stock valued at $123,998,000 after acquiring an additional 1,668 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 3.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 266,751 shares of the exchange traded fund’s stock worth $117,544,000 after purchasing an additional 7,927 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 5.9% in the 2nd quarter. Commonwealth Equity Services LLC now owns 260,501 shares of the exchange traded fund’s stock worth $114,790,000 after purchasing an additional 14,621 shares in the last quarter. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

NYSEARCA DIA opened at $501.22 on Tuesday. The business’s fifty day moving average is $487.64 and its 200 day moving average is $470.07. SPDR Dow Jones Industrial Average ETF Trust has a fifty-two week low of $366.32 and a fifty-two week high of $502.16. The company has a market capitalization of $44.63 billion, a PE 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. Stockholders of record on Friday, January 16th will be given a dividend of $0.1786 per share. This represents a c) dividend on an annualized basis 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.