Summit Financial LLC Purchases 209 Shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Summit Financial LLC boosted its position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 3.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,264 shares of the exchange traded fund’s stock after acquiring an additional 209 shares during the period. Summit Financial LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $3,100,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. American Capital Advisory LLC increased its position in SPDR Dow Jones Industrial Average ETF Trust by 60.5% during 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. Crews Bank & Trust bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter worth about $53,000. NewSquare Capital LLC raised its position in shares of 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 buying an additional 108 shares during the last quarter. Halbert Hargrove Global Advisors LLC bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter valued at about $59,000. Finally, FSA Wealth Management LLC acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust during the third quarter worth about $60,000. 37.11% of the stock is currently owned by institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Stock Up 1.0 %

SPDR Dow Jones Industrial Average ETF Trust stock opened at $419.88 on Tuesday. The business has a 50 day moving average price of $433.99 and a two-hundred day moving average price of $431.71. SPDR Dow Jones Industrial Average ETF Trust has a 12 month low of $376.14 and a 12 month high of $451.55. The stock has a market cap of $37.30 billion, a price-to-earnings ratio of 22.75 and a beta of 0.94.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, February 18th. Investors of record on Friday, January 17th were paid a $0.1624 dividend. The ex-dividend date 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.