Holderness Investments Co. Invests $237,000 in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Holderness Investments Co. bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 915 shares of the exchange traded fund’s stock, valued at approximately $237,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Cullen Frost Bankers Inc. bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the first quarter valued at $26,000. Princeton Global Asset Management LLC acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the first quarter valued at about $38,000. Larson Financial Group LLC acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter worth about $52,000. Covenant Multifamily Offices LLC acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the 1st quarter worth about $75,000. Finally, Private Capital Group LLC grew its position in SPDR Dow Jones Industrial Average ETF Trust by 18.1% in the 1st quarter. Private Capital Group LLC now owns 294 shares of the exchange traded fund’s stock worth $76,000 after purchasing an additional 45 shares in the last quarter.

DIA opened at $261.51 on Monday. SPDR Dow Jones Industrial Average ETF Trust has a 12 month low of $216.97 and a 12 month high of $269.28.

The firm also recently announced a monthly dividend, which will be paid on Monday, June 17th. Investors of record on Monday, May 20th will be given a $0.6437 dividend. This represents a $7.72 dividend on an annualized basis and a yield of 2.95%. The ex-dividend date of this dividend is Friday, May 17th. This is a boost from SPDR Dow Jones Industrial Average ETF Trust’s previous monthly dividend of $0.16.

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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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