SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) Shares Sold by Secure Asset Management LLC

Secure Asset Management LLC reduced its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 1.5% during the 4th quarter, Holdings Channel reports. The fund owned 4,382 shares of the exchange traded fund’s stock after selling 66 shares during the quarter. Secure Asset Management LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $1,864,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Bull Oak Capital LLC acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust in the third quarter valued at approximately $33,000. GAMMA Investing LLC acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the third quarter worth $61,000. FSA Wealth Management LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust in the third quarter valued at $60,000. Truvestments Capital LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust in the third quarter valued at $62,000. Finally, China Universal Asset Management Co. Ltd. purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter worth about $64,000. 37.11% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Stock Up 0.9 %

NYSEARCA:DIA opened at $445.38 on Friday. SPDR Dow Jones Industrial Average ETF Trust has a 1 year low of $376.14 and a 1 year high of $451.55. The stock has a 50-day simple moving average of $435.50 and a 200-day simple moving average of $421.63.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The business also recently declared a dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Friday, January 17th will be paid a $0.1624 dividend. The ex-dividend date of this dividend is Friday, January 17th.

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.