Marks Group Wealth Management Inc Acquires 455 Shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Marks Group Wealth Management Inc grew its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 51.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,342 shares of the exchange traded fund’s stock after buying an additional 455 shares during the quarter. Marks Group Wealth Management Inc’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $571,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of DIA. American Capital Advisory LLC grew its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 60.5% in the fourth quarter. American Capital Advisory LLC now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 26 shares in the last quarter. Bull Oak Capital LLC acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust in the third quarter valued at $33,000. Crews Bank & Trust bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter valued at about $53,000. GAMMA Investing LLC bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter valued at about $61,000. Finally, FSA Wealth Management LLC acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter worth about $60,000. 37.11% of the stock is currently owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Trading Down 0.6 %

Shares of NYSEARCA:DIA opened at $443.63 on Thursday. SPDR Dow Jones Industrial Average ETF Trust has a 52-week low of $376.14 and a 52-week high of $451.55. The company has a 50-day simple moving average of $436.53 and a 200 day simple moving average of $426.14.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, February 18th. Stockholders 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.