OVERSEA CHINESE BANKING Corp Ltd Has $6.42 Million Stock Position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

OVERSEA CHINESE BANKING Corp Ltd grew its position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 57.4% in the 4th quarter, Holdings Channel reports. The institutional investor owned 15,083 shares of the exchange traded fund’s stock after purchasing an additional 5,500 shares during the period. OVERSEA CHINESE BANKING Corp Ltd’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $6,418,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Thrivent Financial for Lutherans increased its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 18.4% in the 4th quarter. Thrivent Financial for Lutherans now owns 7,195 shares of the exchange traded fund’s stock valued at $3,167,000 after buying an additional 1,117 shares during the period. Retirement Planning Co of New England Inc. increased its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 23.9% in the 4th quarter. Retirement Planning Co of New England Inc. now owns 906 shares of the exchange traded fund’s stock valued at $386,000 after buying an additional 175 shares during the period. 1ST Source Bank acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter valued at $1,954,000. Pitti Group Wealth Management LLC increased its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 4.3% in the 4th quarter. Pitti Group Wealth Management LLC now owns 802 shares of the exchange traded fund’s stock valued at $341,000 after buying an additional 33 shares during the period. Finally, GWN Securities Inc. acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter valued at $2,202,000. 37.11% of the stock is owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

NYSEARCA DIA opened at $416.53 on Wednesday. The stock has a fifty day moving average of $435.17 and a 200-day moving average of $430.96. The stock has a market capitalization of $37.00 billion, a P/E ratio of 22.75 and a beta of 0.94. 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 was paid on Tuesday, February 18th. Investors of record on Friday, January 17th were issued a $0.1624 dividend. 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.