SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) Shares Sold by Tandem Capital Management Corp ADV

Tandem Capital Management Corp ADV trimmed its holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 37.3% in the fourth quarter, Holdings Channel.com reports. The fund owned 505 shares of the exchange traded fund’s stock after selling 300 shares during the period. Tandem Capital Management Corp ADV’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $215,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of DIA. Bull Oak Capital LLC acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter worth about $33,000. Crews Bank & Trust acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter worth about $53,000. FSA Wealth Management LLC acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter worth about $60,000. GAMMA Investing LLC acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter worth about $61,000. Finally, Truvestments Capital LLC acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter worth about $62,000. 37.11% of the stock is owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

NYSEARCA DIA opened at $444.27 on Tuesday. The stock’s 50-day moving average price is $436.91 and its two-hundred day moving average price is $424.04. SPDR Dow Jones Industrial Average ETF Trust has a 1 year low of $376.14 and a 1 year high of $451.55.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Friday, January 17th will be issued 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.