Stonebridge Financial Group LLC Takes Position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Stonebridge Financial Group LLC purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 1,253 shares of the exchange traded fund’s stock, valued at approximately $533,000.

Other hedge funds have also bought and sold shares of the company. DORCHESTER WEALTH MANAGEMENT Co raised its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 4.7% during the third quarter. DORCHESTER WEALTH MANAGEMENT Co now owns 560 shares of the exchange traded fund’s stock worth $237,000 after purchasing an additional 25 shares during the period. American Capital Advisory LLC boosted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 60.5% in the 4th 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 during the period. XML Financial LLC grew its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 1.1% during the 3rd quarter. XML Financial LLC now owns 2,401 shares of the exchange traded fund’s stock valued at $1,016,000 after buying an additional 27 shares during the last quarter. Seamount Financial Group Inc. raised its stake in SPDR Dow Jones Industrial Average ETF Trust by 0.6% during the fourth quarter. Seamount Financial Group Inc. now owns 4,777 shares of the exchange traded fund’s stock worth $2,032,000 after acquiring an additional 29 shares during the period. Finally, Bank Hapoalim BM lifted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 0.7% in the fourth quarter. Bank Hapoalim BM now owns 4,782 shares of the exchange traded fund’s stock worth $2,035,000 after acquiring an additional 33 shares during the last quarter. 37.11% of the stock is currently owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

Shares of DIA stock opened at $446.11 on Wednesday. The business has a 50 day moving average of $436.57 and a two-hundred day moving average of $425.86. SPDR Dow Jones Industrial Average ETF Trust has a 52 week low of $376.14 and a 52 week high of $451.55.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, February 18th. Investors of record on Friday, January 17th will be paid a dividend of $0.1624 per share. The ex-dividend date of this dividend is Friday, January 17th.

About SPDR Dow Jones Industrial Average ETF Trust

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.