Congress Wealth Management LLC DE Grows Stock Holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Congress Wealth Management LLC DE raised its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 64.6% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 4,867 shares of the exchange traded fund’s stock after buying an additional 1,910 shares during the quarter. Congress Wealth Management LLC DE’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $2,071,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. American Capital Advisory LLC grew its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 60.5% in the 4th quarter. American Capital Advisory LLC now owns 69 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 26 shares during the period. Crews Bank & Trust purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter worth $53,000. NewSquare Capital LLC grew its holdings in SPDR Dow Jones Industrial Average ETF Trust by 432.0% in the fourth quarter. NewSquare Capital LLC now owns 133 shares of the exchange traded fund’s stock valued at $57,000 after purchasing an additional 108 shares during the last quarter. Halbert Hargrove Global Advisors LLC purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter valued at $59,000. Finally, FSA Wealth Management LLC acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter worth $60,000. 37.11% of the stock is owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Stock Down 0.4 %

SPDR Dow Jones Industrial Average ETF Trust stock opened at $424.23 on Thursday. The firm has a market capitalization of $37.69 billion, a PE ratio of 22.75 and a beta of 0.94. SPDR Dow Jones Industrial Average ETF Trust has a 52 week low of $376.14 and a 52 week high of $451.55. The firm’s 50-day simple moving average is $434.84 and its 200 day simple moving average is $431.35.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, February 18th. Stockholders of record on Friday, January 17th were given a $0.1624 dividend. The ex-dividend date of this dividend was Friday, January 17th.

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.