Synovus Financial Corp increased its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA – Free Report) by 52.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,800 shares of the exchange traded fund’s stock after acquiring an additional 2,691 shares during the period. Synovus Financial Corp’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $3,301,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of DIA. Ridgewood Investments LLC bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the 2nd quarter worth approximately $26,000. Bull Oak Capital LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust during the third quarter valued at $33,000. Wellington Shields Capital Management LLC bought a new stake in SPDR Dow Jones Industrial Average ETF Trust in the second quarter worth $35,000. HHM Wealth Advisors LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the second quarter worth $36,000. Finally, ORG Partners LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the second quarter worth $39,000. Hedge funds and other institutional investors own 37.11% of the company’s stock.
SPDR Dow Jones Industrial Average ETF Trust Stock Down 0.2 %
DIA opened at $439.37 on Friday. The stock has a 50-day moving average price of $434.75 and a 200-day moving average price of $413.82. SPDR Dow Jones Industrial Average ETF Trust has a 1 year low of $370.61 and a 1 year high of $451.55.
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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