Oxford Financial Group LTD. LLC Decreases Position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Oxford Financial Group LTD. LLC reduced its position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 10.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,077 shares of the exchange traded fund’s stock after selling 128 shares during the period. Oxford Financial Group LTD. LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $458,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in DIA. Strategic Financial Concepts LLC raised its stake in SPDR Dow Jones Industrial Average ETF Trust by 42,602.7% in the 4th quarter. Strategic Financial Concepts LLC now owns 250,665 shares of the exchange traded fund’s stock valued at $106,658,000 after purchasing an additional 250,078 shares during the last quarter. Kingsview Wealth Management LLC raised its position in shares of 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 valued at $1,375,000 after buying an additional 452 shares during the last quarter. Park Avenue Securities LLC acquired a new position in SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter worth about $381,000. Fisher Asset Management LLC boosted its position in SPDR Dow Jones Industrial Average ETF Trust by 57.1% during the fourth quarter. Fisher Asset Management LLC now owns 784 shares of the exchange traded fund’s stock worth $334,000 after acquiring an additional 285 shares during the last quarter. Finally, DAVENPORT & Co LLC grew its stake in SPDR Dow Jones Industrial Average ETF Trust by 4.9% during the 4th quarter. DAVENPORT & Co LLC now owns 6,373 shares of the exchange traded fund’s stock valued at $2,712,000 after acquiring an additional 299 shares in the last quarter. Institutional investors and hedge funds own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

DIA opened at $420.12 on Friday. The company’s 50 day simple moving average is $434.93 and its two-hundred day simple moving average is $430.81. The firm has a market capitalization of $37.32 billion, a price-to-earnings ratio of 22.75 and a beta of 0.94. SPDR Dow Jones Industrial Average ETF Trust has a 1-year low of $376.14 and a 1-year high of $451.55.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, February 18th. Shareholders 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.