Samalin Investment Counsel LLC Grows Stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Samalin Investment Counsel LLC raised its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 60.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,710 shares of the exchange traded fund’s stock after acquiring an additional 1,017 shares during the quarter. Samalin Investment Counsel LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $1,153,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Holderness Investments Co. boosted its stake in SPDR Dow Jones Industrial Average ETF Trust by 3.4% in the fourth quarter. Holderness Investments Co. now owns 1,813 shares of the exchange traded fund’s stock valued at $771,000 after acquiring an additional 60 shares during the last quarter. Arvest Investments Inc. lifted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 2.9% during the 4th quarter. Arvest Investments Inc. now owns 6,304 shares of the exchange traded fund’s stock valued at $2,683,000 after buying an additional 177 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd lifted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 57.4% during the 4th quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 15,083 shares of the exchange traded fund’s stock valued at $6,418,000 after buying an additional 5,500 shares in the last quarter. Thrivent Financial for Lutherans lifted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 18.4% during the 4th quarter. Thrivent Financial for Lutherans now owns 7,195 shares of the exchange traded fund’s stock valued at $3,167,000 after buying an additional 1,117 shares in the last quarter. Finally, Retirement Planning Co of New England Inc. lifted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 23.9% during the 4th quarter. Retirement Planning Co of New England Inc. now owns 906 shares of the exchange traded fund’s stock valued at $386,000 after buying an additional 175 shares in the last quarter. 37.11% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Trading Down 0.1 %

Shares of DIA stock opened at $419.62 on Friday. The stock has a market capitalization of $37.28 billion, a P/E ratio of 22.75 and a beta of 0.94. The firm’s 50 day moving average is $434.94 and its 200 day moving average is $430.98. SPDR Dow Jones Industrial Average ETF Trust has a 12 month low of $376.14 and a 12 month high of $451.55.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, February 18th. Investors of record on Friday, January 17th were paid a dividend of $0.1624 per share. The ex-dividend date of this dividend was 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.