The Manufacturers Life Insurance Company Makes New Investment in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

The Manufacturers Life Insurance Company acquired a new position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 267,099 shares of the exchange traded fund’s stock, valued at approximately $113,015,000. The Manufacturers Life Insurance Company owned approximately 0.30% of SPDR Dow Jones Industrial Average ETF Trust as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Private Trust Co. NA lifted its stake in SPDR Dow Jones Industrial Average ETF Trust by 3.6% in the 3rd quarter. Private Trust Co. NA now owns 2,172 shares of the exchange traded fund’s stock worth $919,000 after purchasing an additional 75 shares in the last quarter. Truvestments Capital LLC purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter worth approximately $62,000. Loomis Sayles & Co. L P lifted its stake in SPDR Dow Jones Industrial Average ETF Trust by 124.4% in the 3rd quarter. Loomis Sayles & Co. L P now owns 451 shares of the exchange traded fund’s stock worth $191,000 after purchasing an additional 250 shares in the last quarter. Concentric Wealth Management LLC bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter worth $201,000. Finally, Daiwa Securities Group Inc. increased its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 8.4% in the 3rd quarter. Daiwa Securities Group Inc. now owns 39,614 shares of the exchange traded fund’s stock worth $16,761,000 after buying an additional 3,056 shares during 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 Price Performance

Shares of NYSEARCA:DIA opened at $448.88 on Wednesday. The company’s fifty day moving average price is $428.25 and its 200-day moving average price is $409.29. SPDR Dow Jones Industrial Average ETF Trust has a one year low of $352.78 and a one year high of $449.33.

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.