Smithbridge Asset Management Inc. DE lifted its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA – Free Report) by 0.3% in the 3rd quarter, Holdings Channel.com reports. The firm owned 35,684 shares of the exchange traded fund’s stock after purchasing an additional 98 shares during the period. SPDR Dow Jones Industrial Average ETF Trust makes up about 2.6% of Smithbridge Asset Management Inc. DE’s investment portfolio, making the stock its 6th biggest position. Smithbridge Asset Management Inc. DE’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $15,098,000 at the end of the most recent quarter.
Other institutional investors have also recently added to or reduced their stakes in the company. Diversified Trust Co increased its stake in SPDR Dow Jones Industrial Average ETF Trust by 33.2% during the first quarter. Diversified Trust Co now owns 854 shares of the exchange traded fund’s stock worth $340,000 after acquiring an additional 213 shares during the last quarter. Integrity Wealth Solutions LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust in the 1st quarter valued at approximately $222,000. KFG Wealth Management LLC acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the first quarter worth $332,000. TCP Asset Management LLC increased its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 35.7% during the first quarter. TCP Asset Management LLC now owns 60,857 shares of the exchange traded fund’s stock worth $24,206,000 after acquiring an additional 16,005 shares during the period. Finally, Cornerstone Wealth Management LLC raised its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 3.6% in the first quarter. Cornerstone Wealth Management LLC now owns 17,640 shares of the exchange traded fund’s stock valued at $7,017,000 after acquiring an additional 618 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 Trading Up 0.7 %
NYSEARCA:DIA opened at $424.25 on Monday. SPDR Dow Jones Industrial Average ETF Trust has a 12-month low of $326.37 and a 12-month high of $433.20. The stock has a fifty day moving average price of $418.55 and a 200 day moving average price of $401.55.
SPDR Dow Jones Industrial Average ETF Trust 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.
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