Aventura Private Wealth LLC Invests $725,000 in SPDR Dow Jones Industrial Average ETF Trust $DIA

Aventura Private Wealth LLC acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 1,508 shares of the exchange traded fund’s stock, valued at approximately $725,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Elevation Point Wealth Partners LLC acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the 2nd quarter valued at approximately $27,000. McIlrath & Eck LLC grew its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 454.5% in the second quarter. McIlrath & Eck LLC now owns 61 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 50 shares in the last quarter. Hollencrest Capital Management increased its holdings in SPDR Dow Jones Industrial Average ETF Trust by 1,000.0% during the second quarter. Hollencrest Capital Management now owns 66 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 60 shares during the last quarter. Cornerstone Planning Group LLC bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the third quarter worth $32,000. Finally, Smartleaf Asset Management LLC bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the second quarter worth $42,000. Institutional investors and hedge funds own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

Shares of DIA opened at $455.89 on Friday. The firm has a 50-day moving average of $487.61 and a 200-day moving average of $477.04. SPDR Dow Jones Industrial Average ETF Trust has a one year low of $366.32 and a one year high of $505.30. The company has a market cap of $40.59 billion, a PE ratio of 22.20 and a beta of 0.91.

SPDR Dow Jones Industrial Average ETF Trust Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, April 13th. Shareholders of record on Friday, March 20th will be given a dividend of $0.9937 per share. This represents a c) dividend on an annualized basis and a yield of 2.6%. This is a boost from SPDR Dow Jones Industrial Average ETF Trust’s previous monthly dividend of $0.61. The ex-dividend date of this dividend is Friday, March 20th.

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.