American Wealth Advisors LLC Acquires New Stake in SPDR Dow Jones Industrial Average ETF Trust $DIA

American Wealth Advisors LLC bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 4,163 shares of the exchange traded fund’s stock, valued at approximately $1,930,000. SPDR Dow Jones Industrial Average ETF Trust accounts for 1.9% of American Wealth Advisors LLC’s portfolio, making the stock its 11th biggest position.

Other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its stake in SPDR Dow Jones Industrial Average ETF Trust by 14.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 495,852 shares of the exchange traded fund’s stock worth $218,498,000 after buying an additional 64,314 shares during the period. Raymond James Financial Inc. grew its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 2.0% in the second 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 in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 0.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 281,398 shares of the exchange traded fund’s stock worth $123,998,000 after acquiring an additional 1,668 shares in the last quarter. Commonwealth Equity Services LLC increased its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 5.9% during the second quarter. Commonwealth Equity Services LLC now owns 260,501 shares of the exchange traded fund’s stock worth $114,790,000 after acquiring an additional 14,621 shares during the period. Finally, Bank of Nova Scotia acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the second quarter valued at $104,617,000. 37.11% of the stock is owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Trading Up 0.5%

NYSEARCA:DIA opened at $487.74 on Thursday. SPDR Dow Jones Industrial Average ETF Trust has a 12-month low of $366.32 and a 12-month high of $505.30. The firm has a market cap of $43.43 billion, a PE ratio of 22.20 and a beta of 0.91. The stock has a fifty day moving average price of $491.78 and a 200 day moving average price of $475.80.

SPDR Dow Jones Industrial Average ETF Trust Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 16th. Stockholders of record on Friday, February 20th will be paid a $0.6131 dividend. This represents a c) annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Friday, February 20th. This is a boost from SPDR Dow Jones Industrial Average ETF Trust’s previous monthly dividend of $0.18.

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.