D.B. Root & Company LLC Acquires 600 Shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

D.B. Root & Company LLC lifted its holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 85.5% in the fourth quarter, Holdings Channel reports. The fund owned 1,302 shares of the exchange traded fund’s stock after purchasing an additional 600 shares during the quarter. D.B. Root & Company LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $554,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bull Oak Capital LLC bought a new position in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter valued at about $33,000. Semmax Financial Advisors Inc. boosted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 1,880.0% during the second quarter. Semmax Financial Advisors Inc. now owns 99 shares of the exchange traded fund’s stock valued at $40,000 after buying an additional 94 shares during the period. FSA Wealth Management LLC purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the third quarter valued at approximately $60,000. GAMMA Investing LLC bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the third quarter valued at approximately $61,000. Finally, Truvestments Capital LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the third quarter worth approximately $62,000. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

DIA opened at $441.28 on Thursday. The business has a fifty day moving average of $435.50 and a 200 day moving average of $421.63. 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 announced a dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Friday, January 17th will be paid a dividend of $0.1624 per share. The ex-dividend date 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.