Horizon Wealth Management LLC Has $47.44 Million Stock Holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Horizon Wealth Management LLC increased its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 12.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 119,264 shares of the exchange traded fund’s stock after purchasing an additional 13,049 shares during the quarter. SPDR Dow Jones Industrial Average ETF Trust makes up about 12.4% of Horizon Wealth Management LLC’s investment portfolio, making the stock its 3rd biggest holding. Horizon Wealth Management LLC owned 0.14% of SPDR Dow Jones Industrial Average ETF Trust worth $47,438,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in DIA. Massmutual Trust Co. FSB ADV acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the 1st quarter valued at approximately $36,000. Cetera Trust Company N.A bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter valued at about $38,000. Partnership Wealth Management LLC acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter worth about $40,000. Glassman Wealth Services raised its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 400.0% in the 4th quarter. Glassman Wealth Services now owns 110 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 88 shares during the period. Finally, Security National Bank acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter valued at about $49,000. Institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

Shares of NYSEARCA:DIA traded up $0.27 on Monday, hitting $391.40. The company had a trading volume of 2,007,805 shares, compared to its average volume of 3,492,717. The stock has a 50 day moving average price of $389.32 and a 200 day moving average price of $385.67. SPDR Dow Jones Industrial Average ETF Trust has a 1-year low of $323.21 and a 1-year high of $400.99.

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.