Equitable Trust Co. Takes $2.40 Million Position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Equitable Trust Co. purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 5,646 shares of the exchange traded fund’s stock, valued at approximately $2,402,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. High Net Worth Advisory Group LLC raised its position in SPDR Dow Jones Industrial Average ETF Trust by 1.9% in the 3rd quarter. High Net Worth Advisory Group LLC now owns 1,372 shares of the exchange traded fund’s stock valued at $581,000 after purchasing an additional 25 shares during the last quarter. DORCHESTER WEALTH MANAGEMENT Co raised its position in SPDR Dow Jones Industrial Average ETF Trust by 4.7% in the 3rd quarter. DORCHESTER WEALTH MANAGEMENT Co now owns 560 shares of the exchange traded fund’s stock valued at $237,000 after purchasing an additional 25 shares during the last quarter. American Capital Advisory LLC raised its position in SPDR Dow Jones Industrial Average ETF Trust by 60.5% during the 4th quarter. American Capital Advisory LLC now owns 69 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 26 shares during the last quarter. XML Financial LLC raised its position in SPDR Dow Jones Industrial Average ETF Trust by 1.1% during the 3rd quarter. XML Financial LLC now owns 2,401 shares of the exchange traded fund’s stock worth $1,016,000 after buying an additional 27 shares during the last quarter. Finally, Seamount Financial Group Inc. raised its position in SPDR Dow Jones Industrial Average ETF Trust by 0.6% during the 4th quarter. Seamount Financial Group Inc. now owns 4,777 shares of the exchange traded fund’s stock worth $2,032,000 after buying an additional 29 shares during the last quarter. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

Shares of SPDR Dow Jones Industrial Average ETF Trust stock opened at $444.78 on Tuesday. SPDR Dow Jones Industrial Average ETF Trust has a one year low of $376.14 and a one year high of $451.55. The firm has a fifty day moving average of $436.65 and a two-hundred day moving average of $425.54.

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 dividend of $0.1624 per share. 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.