Stratos Wealth Partners LTD. Lowers Holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Stratos Wealth Partners LTD. lowered its holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 5.7% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 16,821 shares of the exchange traded fund’s stock after selling 1,018 shares during the period. Stratos Wealth Partners LTD.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $7,157,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Bull Oak Capital LLC acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the third quarter worth $33,000. Crews Bank & Trust acquired a new position in SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter worth $53,000. GAMMA Investing LLC purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter worth about $61,000. FSA Wealth Management LLC acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter valued at about $60,000. Finally, Truvestments Capital LLC purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter valued at about $62,000. 37.11% of the stock is owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

Shares of SPDR Dow Jones Industrial Average ETF Trust stock opened at $448.67 on Thursday. The business has a 50-day simple moving average of $436.78 and a 200-day simple moving average of $424.61. SPDR Dow Jones Industrial Average ETF Trust has a one year low of $376.14 and a one year high of $451.55.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

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

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.