Bridgewater Advisors Inc. Decreases Position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Bridgewater Advisors Inc. decreased its holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 1.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,171 shares of the exchange traded fund’s stock after selling 797 shares during the quarter. SPDR Dow Jones Industrial Average ETF Trust comprises about 2.4% of Bridgewater Advisors Inc.’s portfolio, making the stock its 13th biggest position. Bridgewater Advisors Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $22,606,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DIA. GAMMA Investing LLC acquired a new position in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter valued at approximately $61,000. Kingsview Wealth Management LLC increased its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 16.2% in the 3rd quarter. Kingsview Wealth Management LLC now owns 3,250 shares of the exchange traded fund’s stock valued at $1,375,000 after acquiring an additional 452 shares during the period. Duncan Williams Asset Management LLC raised its stake in SPDR Dow Jones Industrial Average ETF Trust by 20.7% in the 3rd quarter. Duncan Williams Asset Management LLC now owns 2,099 shares of the exchange traded fund’s stock worth $888,000 after acquiring an additional 360 shares during the last quarter. Consolidated Capital Management LLC lifted its position in SPDR Dow Jones Industrial Average ETF Trust by 5.6% during the 3rd quarter. Consolidated Capital Management LLC now owns 1,710 shares of the exchange traded fund’s stock worth $724,000 after acquiring an additional 91 shares during the period. Finally, Gladstone Institutional Advisory LLC grew its stake in SPDR Dow Jones Industrial Average ETF Trust by 2.1% during the 3rd quarter. Gladstone Institutional Advisory LLC now owns 17,440 shares of the exchange traded fund’s stock valued at $7,379,000 after purchasing an additional 366 shares during the last quarter. 37.11% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

Shares of NYSEARCA:DIA opened at $434.72 on Monday. SPDR Dow Jones Industrial Average ETF Trust has a 52-week low of $371.36 and a 52-week high of $451.55. The business has a 50-day moving average price of $435.62 and a 200-day moving average price of $420.67.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

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