Arbor Wealth Management LLC Buys New Shares in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

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Arbor Wealth Management LLC bought a new position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 270 shares of the exchange traded fund’s stock, valued at approximately $72,000.

A number of other hedge funds have also recently modified their holdings of DIA. Legacy Advisors LLC boosted its stake in SPDR Dow Jones Industrial Average ETF Trust by 19.7% during the 2nd quarter. Legacy Advisors LLC now owns 2,445 shares of the exchange traded fund’s stock valued at $650,000 after purchasing an additional 403 shares during the period. AdvisorNet Financial Inc lifted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 130.4% in the 2nd quarter. AdvisorNet Financial Inc now owns 546 shares of the exchange traded fund’s stock worth $145,000 after acquiring an additional 309 shares during the period. Jackson Wealth Management LLC bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the 2nd quarter worth approximately $2,748,000. Founders Capital Management lifted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 4.8% in the 2nd quarter. Founders Capital Management now owns 1,920 shares of the exchange traded fund’s stock worth $510,000 after acquiring an additional 88 shares during the period. Finally, First National Bank of Omaha bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the 2nd quarter worth approximately $377,000.

Shares of DIA opened at $256.36 on Friday. The stock has a 50 day simple moving average of $267.78 and a 200-day simple moving average of $261.35. SPDR Dow Jones Industrial Average ETF Trust has a 1 year low of $216.97 and a 1 year high of $273.99.

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

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