GenWealth Group Inc. Buys 3,110 Shares of SPDR Dow Jones Industrial Average ETF Trust $DIA

GenWealth Group Inc. raised its position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 6.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 51,376 shares of the exchange traded fund’s stock after buying an additional 3,110 shares during the quarter. SPDR Dow Jones Industrial Average ETF Trust accounts for 4.3% of GenWealth Group Inc.’s portfolio, making the stock its 10th largest position. GenWealth Group Inc. owned about 0.06% of SPDR Dow Jones Industrial Average ETF Trust worth $25,411,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in DIA. First Horizon Corp purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter valued at approximately $5,101,000. Ashton Thomas Private Wealth LLC grew its position in SPDR Dow Jones Industrial Average ETF Trust by 47.6% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 5,403 shares of the exchange traded fund’s stock worth $2,513,000 after purchasing an additional 1,742 shares in the last quarter. Benjamin Edwards Inc. grew its position in SPDR Dow Jones Industrial Average ETF Trust by 55.5% during the 3rd quarter. Benjamin Edwards Inc. now owns 3,629 shares of the exchange traded fund’s stock worth $1,683,000 after purchasing an additional 1,295 shares in the last quarter. Melone Private Wealth LLC raised its stake in SPDR Dow Jones Industrial Average ETF Trust by 10.0% during the 3rd quarter. Melone Private Wealth LLC now owns 31,198 shares of the exchange traded fund’s stock valued at $14,468,000 after purchasing an additional 2,840 shares during the period. Finally, Bank of Nova Scotia acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter valued at $104,617,000. 37.11% of the stock is currently owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Stock Up 0.6%

DIA opened at $464.14 on Thursday. The firm has a market capitalization of $41.33 billion, a P/E ratio of 22.20 and a beta of 0.91. The stock has a fifty day moving average of $485.77 and a 200-day moving average of $477.36. SPDR Dow Jones Industrial Average ETF Trust has a 12-month low of $366.32 and a 12-month high of $505.30.

SPDR Dow Jones Industrial Average ETF Trust Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, April 13th. Investors of record on Friday, March 20th will be given a dividend of $0.9937 per share. The ex-dividend date of this dividend is Friday, March 20th. This is a positive change from SPDR Dow Jones Industrial Average ETF Trust’s previous monthly dividend of $0.61. This represents a c) annualized dividend and a yield of 2.6%.

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.