W.H. Cornerstone Investments Inc. Boosts Stake in SPDR Dow Jones Industrial Average ETF Trust $DIA

W.H. Cornerstone Investments Inc. grew its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 16.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,709 shares of the exchange traded fund’s stock after acquiring an additional 511 shares during the quarter. SPDR Dow Jones Industrial Average ETF Trust accounts for 1.0% of W.H. Cornerstone Investments Inc.’s portfolio, making the stock its 20th biggest holding. W.H. Cornerstone Investments Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $1,634,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of DIA. Brighton Jones LLC lifted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 10.2% in the 4th quarter. Brighton Jones LLC now owns 12,054 shares of the exchange traded fund’s stock worth $5,129,000 after purchasing an additional 1,116 shares during the period. Bison Wealth LLC lifted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 5.0% in the 4th quarter. Bison Wealth LLC now owns 2,483 shares of the exchange traded fund’s stock valued at $1,057,000 after purchasing an additional 118 shares during the last quarter. Wealthfront Advisers LLC lifted its stake in SPDR Dow Jones Industrial Average ETF Trust by 0.4% in the first quarter. Wealthfront Advisers LLC now owns 6,996 shares of the exchange traded fund’s stock worth $2,937,000 after purchasing an additional 29 shares during the last quarter. Larson Financial Group LLC lifted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 80.3% during the 1st quarter. Larson Financial Group LLC now owns 4,586 shares of the exchange traded fund’s stock valued at $1,926,000 after buying an additional 2,043 shares in the last quarter. Finally, Summit X LLC increased its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 4.4% during the first quarter. Summit X LLC now owns 1,761 shares of the exchange traded fund’s stock valued at $740,000 after buying an additional 75 shares during the period. Institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Down 0.4%

Shares of NYSEARCA DIA traded down $2.07 during mid-day trading on Thursday, reaching $480.70. 1,735,597 shares of the company were exchanged, compared to its average volume of 4,004,532. The firm has a 50-day moving average of $465.61 and a 200 day moving average of $445.40. SPDR Dow Jones Industrial Average ETF Trust has a 1 year low of $366.32 and a 1 year high of $484.39. The stock has a market cap of $42.83 billion, a price-to-earnings ratio of 22.20 and a beta of 0.91.

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.