Allianz SE Acquires New Holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Allianz SE bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 57,165 shares of the exchange traded fund’s stock, valued at approximately $24,339,000. SPDR Dow Jones Industrial Average ETF Trust comprises about 0.6% of Allianz SE’s holdings, making the stock its 28th biggest position. Allianz SE owned approximately 0.07% of SPDR Dow Jones Industrial Average ETF Trust as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Loomis Sayles & Co. L P raised its holdings 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 valued at $191,000 after buying an additional 250 shares during the last quarter. FMR LLC lifted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 10.7% during the third quarter. FMR LLC now owns 74,060 shares of the exchange traded fund’s stock worth $31,336,000 after purchasing an additional 7,143 shares during the period. Quantbot Technologies LP grew its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 143.7% in the third quarter. Quantbot Technologies LP now owns 4,715 shares of the exchange traded fund’s stock worth $1,995,000 after purchasing an additional 2,780 shares during the last quarter. Freedom Investment Management Inc. acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust in the third quarter valued at $249,000. Finally, Financial Counselors Inc. raised its position in SPDR Dow Jones Industrial Average ETF Trust by 81.7% during the 3rd quarter. Financial Counselors Inc. now owns 2,266 shares of the exchange traded fund’s stock worth $959,000 after purchasing an additional 1,019 shares during the last quarter. Institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Trading Down 1.7 %

NYSEARCA DIA opened at $415.62 on Friday. SPDR Dow Jones Industrial Average ETF Trust has a 12 month low of $376.14 and a 12 month high of $451.55. The firm has a market capitalization of $36.92 billion, a PE ratio of 22.75 and a beta of 0.94. The business’s 50-day moving average price is $434.29 and its two-hundred day moving average price is $431.33.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The company also recently declared 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 of this dividend was Friday, January 17th.

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.