Parallel Advisors LLC Takes $687,000 Position in SPDR Dow Jones Industrial Average ETF Trust (DIA)

Parallel Advisors LLC acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 2,598 shares of the exchange traded fund’s stock, valued at approximately $687,000.

A number of other hedge funds also recently added to or reduced their stakes in DIA. Cornerstone Wealth Management LLC boosted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 28,671.6% during the second quarter. Cornerstone Wealth Management LLC now owns 752,952 shares of the exchange traded fund’s stock worth $3,102,000 after buying an additional 750,335 shares in the last quarter. Bank of Montreal Can boosted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 521.6% during the second quarter. Bank of Montreal Can now owns 735,646 shares of the exchange traded fund’s stock worth $178,563,000 after buying an additional 617,290 shares in the last quarter. Long Pond Capital LP purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the second quarter worth about $87,965,000. Envestnet Asset Management Inc. boosted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 1,121.7% during the second quarter. Envestnet Asset Management Inc. now owns 204,873 shares of the exchange traded fund’s stock worth $49,727,000 after buying an additional 188,104 shares in the last quarter. Finally, Mizuho Trust & Banking Co. Ltd. boosted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 257.1% during the second quarter. Mizuho Trust & Banking Co. Ltd. now owns 250,000 shares of the exchange traded fund’s stock worth $60,683,000 after buying an additional 180,000 shares in the last quarter.

DIA stock opened at $252.46 on Friday. SPDR Dow Jones Industrial Average ETF Trust has a 52 week low of $232.65 and a 52 week high of $269.28.

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, November 13th. Investors of record on Monday, October 22nd will be issued a dividend of $0.1552 per share. This represents a $1.86 dividend on an annualized basis and a yield of 0.74%. The ex-dividend date is Friday, October 19th.

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.

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Institutional Ownership by Quarter for SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

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