18,100 Shares in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) Bought by Jacksonville Wealth Management LLC

Jacksonville Wealth Management LLC purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 18,100 shares of the exchange traded fund’s stock, valued at approximately $7,702,000. SPDR Dow Jones Industrial Average ETF Trust makes up about 7.2% of Jacksonville Wealth Management LLC’s investment portfolio, making the stock its 5th largest holding.

Several other large investors have also recently added to or reduced their stakes in DIA. Bull Oak Capital LLC bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the third quarter worth about $33,000. FSA Wealth Management LLC bought a new position in SPDR Dow Jones Industrial Average ETF Trust in the third quarter worth about $60,000. GAMMA Investing LLC bought a new position in SPDR Dow Jones Industrial Average ETF Trust in the third quarter worth about $61,000. Truvestments Capital LLC bought a new position in SPDR Dow Jones Industrial Average ETF Trust in the third quarter worth about $62,000. Finally, China Universal Asset Management Co. Ltd. bought a new position in SPDR Dow Jones Industrial Average ETF Trust in the third quarter worth about $64,000. 37.11% of the stock is currently owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Stock Down 0.3 %

DIA opened at $444.12 on Friday. The business’s 50 day moving average is $435.84 and its 200-day moving average is $422.15. SPDR Dow Jones Industrial Average ETF Trust has a twelve month low of $376.14 and a twelve month high of $451.55.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Friday, January 17th will be issued 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 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.