NewSquare Capital LLC Purchases 108 Shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

NewSquare Capital LLC raised its position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 432.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 133 shares of the exchange traded fund’s stock after purchasing an additional 108 shares during the period. NewSquare Capital LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $57,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in DIA. Laffer Tengler Investments Inc. increased its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 27.0% during the fourth quarter. Laffer Tengler Investments Inc. now owns 889 shares of the exchange traded fund’s stock valued at $378,000 after buying an additional 189 shares during the period. Ring Mountain Capital LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter valued at about $483,000. Steward Partners Investment Advisory LLC increased its position in SPDR Dow Jones Industrial Average ETF Trust by 50.3% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 70,920 shares of the exchange traded fund’s stock valued at $30,177,000 after purchasing an additional 23,726 shares during the period. Gryphon Financial Partners LLC bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter valued at about $214,000. Finally, Meridian Wealth Management LLC boosted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 2.2% during the fourth quarter. Meridian Wealth Management LLC now owns 21,924 shares of the exchange traded fund’s stock valued at $9,328,000 after purchasing an additional 464 shares in the last quarter. 37.11% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Stock Up 1.2 %

Shares of DIA stock opened at $430.47 on Thursday. The firm has a market cap of $36.89 billion, a price-to-earnings ratio of 24.21 and a beta of 0.95. SPDR Dow Jones Industrial Average ETF Trust has a 52-week low of $376.14 and a 52-week high of $451.55. The company’s 50 day moving average is $436.79 and its 200 day moving average is $430.40.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, February 18th. Stockholders of record on Friday, January 17th were issued a $0.1624 dividend. The ex-dividend date of this dividend was Friday, January 17th.

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.