Asset Dedication LLC Increases Stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Asset Dedication LLC raised its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 40.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,059 shares of the exchange traded fund’s stock after buying an additional 2,318 shares during the period. Asset Dedication LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $3,429,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in DIA. Bull Oak Capital LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the third quarter worth $33,000. GAMMA Investing LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the third quarter worth $61,000. FSA Wealth Management LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the third quarter worth $60,000. Truvestments Capital LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the third quarter worth $62,000. Finally, China Universal Asset Management Co. Ltd. purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the third quarter worth $64,000. 37.11% of the stock is owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

Shares of NYSEARCA DIA opened at $448.41 on Wednesday. The firm has a fifty day moving average price of $436.41 and a 200-day moving average price of $423.22. 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 announced 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 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.