BNC Wealth Management LLC Trims Holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

BNC Wealth Management LLC trimmed its position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 12.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 705 shares of the exchange traded fund’s stock after selling 98 shares during the period. BNC Wealth Management LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $300,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Bull Oak Capital LLC acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter worth approximately $33,000. Semmax Financial Advisors Inc. increased its position in SPDR Dow Jones Industrial Average ETF Trust by 1,880.0% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 99 shares of the exchange traded fund’s stock worth $40,000 after purchasing an additional 94 shares in the last quarter. FSA Wealth Management LLC acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter worth approximately $60,000. GAMMA Investing LLC acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter worth approximately $61,000. Finally, Truvestments Capital LLC acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter worth approximately $62,000. 37.11% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

DIA opened at $434.72 on Friday. The firm has a 50 day moving average price of $435.62 and a 200 day moving average price of $420.48. SPDR Dow Jones Industrial Average ETF Trust has a 1 year low of $371.36 and a 1 year high of $451.55.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

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