Lionsbridge Wealth Management LLC Has $1.25 Million Stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Lionsbridge Wealth Management LLC increased its holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 31.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,945 shares of the exchange traded fund’s stock after purchasing an additional 707 shares during the period. Lionsbridge Wealth Management LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $1,253,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Benjamin F. Edwards & Company Inc. grew its stake in SPDR Dow Jones Industrial Average ETF Trust by 120.7% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 4,660 shares of the exchange traded fund’s stock valued at $1,823,000 after buying an additional 2,549 shares during the last quarter. Bridges Investment Management Inc. bought a new position in SPDR Dow Jones Industrial Average ETF Trust during the second quarter valued at about $296,000. Holderness Investments Co. increased its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 3.1% during the second quarter. Holderness Investments Co. now owns 1,687 shares of the exchange traded fund’s stock valued at $660,000 after purchasing an additional 51 shares during the period. First City Capital Management Inc. raised its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 3.3% in the 2nd quarter. First City Capital Management Inc. now owns 2,471 shares of the exchange traded fund’s stock valued at $967,000 after buying an additional 79 shares in the last quarter. Finally, Fairscale Capital LLC acquired a new position in SPDR Dow Jones Industrial Average ETF Trust in the second quarter worth about $70,000. Institutional investors and hedge funds own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

SPDR Dow Jones Industrial Average ETF Trust stock opened at $434.72 on Monday. The business has a 50 day simple moving average of $435.62 and a 200 day simple moving average of $420.67. SPDR Dow Jones Industrial Average ETF Trust has a one year low of $371.36 and a one year high of $451.55.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The company also recently declared a dividend, which will be paid on Tuesday, February 18th. Investors of record on Friday, January 17th will be issued a dividend of $0.1624 per share. The ex-dividend date is Friday, January 17th.

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.