Harbour Investments Inc. Lowers Position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Harbour Investments Inc. cut its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 19.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 15,833 shares of the exchange traded fund’s stock after selling 3,713 shares during the quarter. Harbour Investments Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $6,737,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. American Capital Advisory LLC raised its stake in SPDR Dow Jones Industrial Average ETF Trust by 60.5% in the 4th quarter. American Capital Advisory LLC now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 26 shares during the period. Crews Bank & Trust bought a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter valued at about $53,000. NewSquare Capital LLC raised its stake in SPDR Dow Jones Industrial Average ETF Trust by 432.0% in the 4th quarter. NewSquare Capital LLC now owns 133 shares of the exchange traded fund’s stock valued at $57,000 after acquiring an additional 108 shares during the period. Halbert Hargrove Global Advisors LLC bought a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter valued at about $59,000. Finally, FSA Wealth Management LLC bought a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter valued at about $60,000. 37.11% of the stock is owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Stock Up 1.6 %

Shares of DIA opened at $415.36 on Friday. The business’s 50-day moving average price is $435.50 and its 200-day moving average price is $430.79. SPDR Dow Jones Industrial Average ETF Trust has a twelve month low of $376.14 and a twelve month high of $451.55. The stock has a market cap of $36.90 billion, a PE 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. Shareholders of record on Friday, January 17th were paid a $0.1624 dividend. The ex-dividend date of this dividend was Friday, January 17th.

SPDR Dow Jones Industrial Average ETF Trust Company 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.