Formidable Asset Management LLC Increases Holdings in SPDR Dow Jones Industrial Average ETF (DIA)

Formidable Asset Management LLC boosted its holdings in shares of SPDR Dow Jones Industrial Average ETF (NYSE:DIA) by 1.8% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,483 shares of the company’s stock after acquiring an additional 60 shares during the quarter. Formidable Asset Management LLC’s holdings in SPDR Dow Jones Industrial Average ETF were worth $743,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Ameriprise Financial Inc. boosted its position in SPDR Dow Jones Industrial Average ETF by 6.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 317,789 shares of the company’s stock worth $67,650,000 after acquiring an additional 18,623 shares during the period. Forward Management LLC acquired a new stake in SPDR Dow Jones Industrial Average ETF during the 2nd quarter worth about $50,291,000. Broadmark Asset Management LLC acquired a new stake in SPDR Dow Jones Industrial Average ETF during the 2nd quarter worth about $37,411,000. Cambridge Investment Research Advisors Inc. boosted its position in SPDR Dow Jones Industrial Average ETF by 38.6% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 118,008 shares of the company’s stock worth $25,164,000 after acquiring an additional 32,836 shares during the period. Finally, Mizuho Trust & Banking Co. Ltd. acquired a new stake in SPDR Dow Jones Industrial Average ETF during the 2nd quarter worth about $21,324,000.

Shares of SPDR Dow Jones Industrial Average ETF (NYSE DIA) traded up 0.22% during midday trading on Friday, reaching $222.34. The company’s stock had a trading volume of 1,560,454 shares. The stock has a 50-day moving average of $219.17 and a 200 day moving average of $212.50. SPDR Dow Jones Industrial Average ETF has a 12 month low of $178.64 and a 12 month high of $222.43.

The firm also recently declared a monthly dividend, which was paid on Monday, September 11th. Shareholders of record on Tuesday, August 22nd were issued a $0.5288 dividend. This is an increase from SPDR Dow Jones Industrial Average ETF’s previous monthly dividend of $0.24. This represents a $6.35 annualized dividend and a dividend yield of 2.85%. The ex-dividend date of this dividend was Friday, August 18th.

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SPDR Dow Jones Industrial Average ETF Company Profile

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

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