LPL Financial LLC Raises Stake in SPDR Dow Jones Industrial Average ETF Trust $DIA

LPL Financial LLC increased its stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 2.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,649,992 shares of the exchange traded fund’s stock after buying an additional 40,183 shares during the period. LPL Financial LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $792,937,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. Milestones Private Investment Advisors LLC lifted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 1.3% during the 4th quarter. Milestones Private Investment Advisors LLC now owns 1,613 shares of the exchange traded fund’s stock worth $775,000 after purchasing an additional 21 shares in the last quarter. Guidance Point Advisors LLC lifted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 1.7% during the 4th quarter. Guidance Point Advisors LLC now owns 1,278 shares of the exchange traded fund’s stock worth $616,000 after purchasing an additional 21 shares in the last quarter. DAVENPORT & Co LLC lifted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 0.4% during the 4th quarter. DAVENPORT & Co LLC now owns 5,445 shares of the exchange traded fund’s stock worth $2,617,000 after purchasing an additional 22 shares in the last quarter. Global Assets Advisory LLC lifted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 2.0% during the 4th quarter. Global Assets Advisory LLC now owns 1,143 shares of the exchange traded fund’s stock worth $549,000 after purchasing an additional 22 shares in the last quarter. Finally, Cary Street Partners Financial LLC lifted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 0.8% during the 3rd quarter. Cary Street Partners Financial LLC now owns 3,459 shares of the exchange traded fund’s stock worth $1,604,000 after purchasing an additional 27 shares in the last quarter. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

Shares of DIA opened at $509.70 on Monday. The stock’s 50-day simple moving average is $490.60 and its 200 day simple moving average is $486.00. The stock has a market capitalization of $44.19 billion, a price-to-earnings ratio of 22.20 and a beta of 0.86. SPDR Dow Jones Industrial Average ETF Trust has a 52-week low of $419.62 and a 52-week high of $517.75.

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.