SNS Financial Group LLC Purchases 12,400 Shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

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SNS Financial Group LLC increased its stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 53.4% during the first quarter, HoldingsChannel reports. The institutional investor owned 35,639 shares of the exchange traded fund’s stock after buying an additional 12,400 shares during the quarter. SPDR Dow Jones Industrial Average ETF Trust accounts for about 2.0% of SNS Financial Group LLC’s investment portfolio, making the stock its 17th largest holding. SNS Financial Group LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $9,235,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Cullen Frost Bankers Inc. bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the first quarter worth $26,000. Larson Financial Group LLC bought a new position in SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter worth about $52,000. Whitener Capital Management Inc. increased its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 36.5% during the fourth quarter. Whitener Capital Management Inc. now owns 232 shares of the exchange traded fund’s stock valued at $54,000 after purchasing an additional 62 shares in the last quarter. AdvisorNet Financial Inc increased its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 426.7% during the first quarter. AdvisorNet Financial Inc now owns 237 shares of the exchange traded fund’s stock valued at $61,000 after purchasing an additional 192 shares in the last quarter. Finally, Covenant Multifamily Offices LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the first quarter valued at approximately $75,000.

DIA stock traded down $0.32 on Friday, hitting $261.24. The company had a trading volume of 172,200 shares, compared to its average volume of 3,738,227. SPDR Dow Jones Industrial Average ETF Trust has a 12-month low of $216.97 and a 12-month high of $269.28.

The company also recently disclosed a monthly dividend, which will be paid on Monday, June 17th. Stockholders of record on Monday, May 20th will be given a dividend of $0.6437 per share. This represents a $7.72 annualized dividend and a dividend yield of 2.96%. This is an increase from SPDR Dow Jones Industrial Average ETF Trust’s previous monthly dividend of $0.16. The ex-dividend date is Friday, May 17th.

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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.

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Want to see what other hedge funds are holding DIA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA).

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

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