Pittenger & Anderson Inc. Purchases 1,354 Shares of SPDR Dow Jones Industrial Average ETF Trust $DIA

Pittenger & Anderson Inc. increased its position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 4.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 32,873 shares of the exchange traded fund’s stock after purchasing an additional 1,354 shares during the period. Pittenger & Anderson Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $15,244,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 10.2% during the 4th quarter. Brighton Jones LLC now owns 12,054 shares of the exchange traded fund’s stock worth $5,129,000 after acquiring an additional 1,116 shares during the last quarter. Bison Wealth LLC boosted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 5.0% during the fourth 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 period. GC Wealth Management RIA LLC bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the second quarter worth about $311,000. Janney Montgomery Scott LLC increased its stake in SPDR Dow Jones Industrial Average ETF Trust by 4.6% in the 2nd quarter. Janney Montgomery Scott LLC now owns 57,173 shares of the exchange traded fund’s stock worth $25,194,000 after buying an additional 2,510 shares during the period. Finally, Capital Investment Advisors LLC lifted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 34.8% during the 2nd quarter. Capital Investment Advisors LLC now owns 3,727 shares of the exchange traded fund’s stock valued at $1,642,000 after buying an additional 963 shares in the last quarter. 37.11% of the stock is owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

SPDR Dow Jones Industrial Average ETF Trust stock opened at $490.21 on Friday. The stock has a market cap of $43.65 billion, a price-to-earnings ratio of 22.20 and a beta of 0.91. The firm has a 50-day moving average of $484.36 and a two-hundred day moving average of $467.29. SPDR Dow Jones Industrial Average ETF Trust has a 1 year low of $366.32 and a 1 year high of $496.34.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, February 17th. Shareholders of record on Friday, January 16th will be given a dividend of $0.1786 per share. The ex-dividend date of this dividend is Friday, January 16th. This represents a c) dividend on an annualized basis and a yield of 0.4%.

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.