Gryphon Financial Partners LLC Acquires Shares of 504 SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Gryphon Financial Partners LLC bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) during the fourth quarter, according to its most recent filing with the SEC. The fund bought 504 shares of the exchange traded fund’s stock, valued at approximately $214,000.

Other hedge funds also recently made changes to their positions in the company. Meridian Wealth Management LLC raised its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 2.2% in the 4th quarter. Meridian Wealth Management LLC now owns 21,924 shares of the exchange traded fund’s stock worth $9,328,000 after purchasing an additional 464 shares during the period. Fidelis Capital Partners LLC purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter worth about $1,956,000. Alesco Advisors LLC lifted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 19.4% during the fourth quarter. Alesco Advisors LLC now owns 1,232 shares of the exchange traded fund’s stock valued at $524,000 after purchasing an additional 200 shares during the last quarter. SBI Securities Co. Ltd. bought a new position in SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter worth about $2,544,000. Finally, Jones Financial Companies Lllp boosted its position in SPDR Dow Jones Industrial Average ETF Trust by 27.9% during the fourth quarter. Jones Financial Companies Lllp now owns 121,134 shares of the exchange traded fund’s stock worth $51,542,000 after purchasing an additional 26,389 shares during the period. 37.11% of the stock is currently owned by institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

Shares of DIA stock opened at $432.09 on Tuesday. The stock has a market capitalization of $37.03 billion, a price-to-earnings ratio of 24.21 and a beta of 0.95. The company’s fifty day simple moving average is $436.97 and its two-hundred day simple moving average is $430.27. 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 business also recently announced a dividend, which was paid on Tuesday, February 18th. Shareholders of record on Friday, January 17th were issued a dividend of $0.1624 per share. The ex-dividend date was Friday, January 17th.

SPDR Dow Jones Industrial Average ETF Trust Company 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.