KCM Investment Advisors LLC Cuts Stock Position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

KCM Investment Advisors LLC cut its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 37.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,334 shares of the exchange traded fund’s stock after selling 1,973 shares during the quarter. KCM Investment Advisors LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $1,419,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in DIA. American Capital Advisory LLC raised its position in SPDR Dow Jones Industrial Average ETF Trust by 60.5% in the fourth quarter. American Capital Advisory LLC now owns 69 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 26 shares during the period. Nemes Rush Group LLC bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter worth approximately $50,000. Crews Bank & Trust purchased a new position in SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter valued at approximately $53,000. NewSquare Capital LLC grew its holdings in SPDR Dow Jones Industrial Average ETF Trust by 432.0% during the fourth quarter. NewSquare Capital LLC now owns 133 shares of the exchange traded fund’s stock valued at $57,000 after purchasing an additional 108 shares during the period. Finally, Halbert Hargrove Global Advisors LLC purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter worth $59,000. 37.11% of the stock is currently owned by institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

Shares of NYSEARCA DIA opened at $383.22 on Friday. The stock has a market capitalization of $33.83 billion, a PE ratio of 23.00 and a beta of 0.91. SPDR Dow Jones Industrial Average ETF Trust has a one year low of $376.14 and a one year high of $451.55. The business’s fifty day moving average price is $431.17 and its 200-day moving average price is $431.35.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, February 18th. Shareholders of record on Friday, January 17th were issued a dividend of $0.1624 per share. The ex-dividend date of this dividend was 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.