Highland Capital Management LLC Makes New $377,000 Investment in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Highland Capital Management LLC acquired a new position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) in the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 1,000 shares of the exchange traded fund’s stock, valued at approximately $377,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in DIA. Freedom Wealth Alliance LLC acquired a new position in SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter valued at approximately $25,000. Chilton Capital Management LLC acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the 1st quarter valued at $26,000. Avior Wealth Management LLC boosted its stake in SPDR Dow Jones Industrial Average ETF Trust by 49.4% during the third quarter. Avior Wealth Management LLC now owns 124 shares of the exchange traded fund’s stock worth $42,000 after acquiring an additional 41 shares in the last quarter. Retirement Group LLC grew its holdings in SPDR Dow Jones Industrial Average ETF Trust by 86.6% in the second quarter. Retirement Group LLC now owns 125 shares of the exchange traded fund’s stock worth $43,000 after purchasing an additional 58 shares during the period. Finally, Grove Bank & Trust increased its stake in SPDR Dow Jones Industrial Average ETF Trust by 90.1% in the third quarter. Grove Bank & Trust now owns 135 shares of the exchange traded fund’s stock valued at $45,000 after purchasing an additional 64 shares in the last quarter. 37.11% of the stock is owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

DIA stock opened at $397.56 on Thursday. The company’s 50-day moving average is $386.70 and its 200-day moving average is $364.23. SPDR Dow Jones Industrial Average ETF Trust has a 1 year low of $322.84 and a 1 year high of $398.82.

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.