Woodmont Investment Counsel LLC Makes New Investment in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Woodmont Investment Counsel LLC purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 474 shares of the exchange traded fund’s stock, valued at approximately $202,000.

A number of other institutional investors also recently modified their holdings of the company. Tull Financial Group Inc. increased its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 4.7% during the 4th quarter. Tull Financial Group Inc. now owns 562 shares of the exchange traded fund’s stock worth $239,000 after purchasing an additional 25 shares in the last quarter. American Capital Advisory LLC lifted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 60.5% during the 4th quarter. American Capital Advisory LLC now owns 69 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 26 shares in the last quarter. QRG Capital Management Inc. boosted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 0.8% in the fourth quarter. QRG Capital Management Inc. now owns 3,457 shares of the exchange traded fund’s stock valued at $1,471,000 after acquiring an additional 26 shares during the last quarter. Seamount Financial Group Inc. boosted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 0.6% in the 4th quarter. Seamount Financial Group Inc. now owns 4,777 shares of the exchange traded fund’s stock valued at $2,032,000 after purchasing an additional 29 shares during the last quarter. Finally, Founders Financial Alliance LLC lifted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 0.4% in the fourth quarter. Founders Financial Alliance LLC now owns 8,376 shares of the exchange traded fund’s stock valued at $3,564,000 after buying an additional 32 shares during the period. Institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

Shares of DIA stock opened at $425.49 on Tuesday. The firm’s 50 day moving average price is $434.99 and its two-hundred day moving average price is $431.25. The stock has a market cap of $37.80 billion, a PE ratio of 22.75 and a beta of 0.94. SPDR Dow Jones Industrial Average ETF Trust has a 52-week low of $376.14 and a 52-week high of $451.55.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

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

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.