SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) is BTS Asset Management Inc.’s 4th Largest Position

BTS Asset Management Inc. lessened its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 7.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,922 shares of the exchange traded fund’s stock after selling 240 shares during the quarter. SPDR Dow Jones Industrial Average ETF Trust makes up approximately 1.2% of BTS Asset Management Inc.’s holdings, making the stock its 4th biggest holding. BTS Asset Management Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $1,243,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in DIA. GAMMA Investing LLC acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the third quarter worth $61,000. Kingsview Wealth Management LLC lifted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 16.2% in the third quarter. Kingsview Wealth Management LLC now owns 3,250 shares of the exchange traded fund’s stock worth $1,375,000 after acquiring an additional 452 shares during the last quarter. Duncan Williams Asset Management LLC boosted its stake in SPDR Dow Jones Industrial Average ETF Trust by 20.7% in the third quarter. Duncan Williams Asset Management LLC now owns 2,099 shares of the exchange traded fund’s stock valued at $888,000 after acquiring an additional 360 shares during the period. Brighton Jones LLC grew its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 0.4% during the second quarter. Brighton Jones LLC now owns 10,955 shares of the exchange traded fund’s stock valued at $4,285,000 after purchasing an additional 48 shares during the last quarter. Finally, Consolidated Capital Management LLC grew its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 5.6% during the third quarter. Consolidated Capital Management LLC now owns 1,710 shares of the exchange traded fund’s stock valued at $724,000 after purchasing an additional 91 shares during the last quarter. 37.11% of the stock is owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

Shares of NYSEARCA DIA opened at $434.72 on Friday. The stock’s 50 day simple moving average is $435.72 and its 200 day simple moving average is $420.18. SPDR Dow Jones Industrial Average ETF Trust has a 12-month low of $371.36 and a 12-month high of $451.55.

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 paid a $0.1624 dividend. The ex-dividend date of this dividend is 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.