Iowa State Bank Sells 30 Shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Iowa State Bank lowered its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 0.2% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 14,840 shares of the exchange traded fund’s stock after selling 30 shares during the quarter. SPDR Dow Jones Industrial Average ETF Trust makes up approximately 1.3% of Iowa State Bank’s investment portfolio, making the stock its 27th largest position. Iowa State Bank’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $6,231,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Wells Fargo & Company MN grew its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 7.3% in the 4th quarter. Wells Fargo & Company MN now owns 1,361,777 shares of the exchange traded fund’s stock valued at $579,436,000 after acquiring an additional 92,463 shares during the period. Ameriprise Financial Inc. lifted its stake in SPDR Dow Jones Industrial Average ETF Trust by 11.3% in the 4th quarter. Ameriprise Financial Inc. now owns 550,567 shares of the exchange traded fund’s stock valued at $234,243,000 after purchasing an additional 55,712 shares during the last quarter. Raymond James Financial Inc. bought a new position in SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter worth about $195,249,000. Wealthfront Advisers LLC grew its holdings in SPDR Dow Jones Industrial Average ETF Trust by 8,900.9% during the fourth quarter. Wealthfront Advisers LLC now owns 416,203 shares of the exchange traded fund’s stock worth $177,094,000 after purchasing an additional 411,579 shares during the period. Finally, Nissay Asset Management Corp Japan ADV increased its position in SPDR Dow Jones Industrial Average ETF Trust by 131.9% during the fourth quarter. Nissay Asset Management Corp Japan ADV now owns 391,575 shares of the exchange traded fund’s stock worth $168,377,000 after buying an additional 222,755 shares during the last quarter. Institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Down 0.0%

DIA opened at $422.39 on Friday. SPDR Dow Jones Industrial Average ETF Trust has a 12-month low of $366.32 and a 12-month high of $451.55. The business has a 50 day moving average of $408.78 and a 200-day moving average of $426.03. The stock has a market cap of $38.58 billion, a price-to-earnings ratio of 22.17 and a beta of 0.92.

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.