Grimes & Company Inc. Grows Stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Grimes & Company Inc. lifted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 1.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,465 shares of the exchange traded fund’s stock after purchasing an additional 122 shares during the period. Grimes & Company Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $3,176,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Bull Oak Capital LLC purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter valued at about $33,000. FSA Wealth Management LLC purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter valued at about $60,000. GAMMA Investing LLC purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter valued at about $61,000. Truvestments Capital LLC purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter valued at about $62,000. Finally, China Universal Asset Management Co. Ltd. purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter valued at about $64,000. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Down 0.3 %

Shares of NYSEARCA DIA opened at $444.12 on Friday. SPDR Dow Jones Industrial Average ETF Trust has a 12-month low of $376.14 and a 12-month high of $451.55. The company has a 50-day moving average of $435.84 and a 200 day moving average of $422.15.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The company also recently announced a dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Friday, January 17th will be issued a $0.1624 dividend. The ex-dividend date is 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.