SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) Shares Sold by Howe & Rusling Inc.

Howe & Rusling Inc. lessened its position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 7.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,151 shares of the exchange traded fund’s stock after selling 93 shares during the quarter. Howe & Rusling Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $490,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in DIA. Raymond James Financial Inc. purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter valued at about $195,249,000. Wealthfront Advisers LLC increased its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 8,900.9% in the fourth quarter. Wealthfront Advisers LLC now owns 416,203 shares of the exchange traded fund’s stock valued at $177,094,000 after purchasing an additional 411,579 shares during the last quarter. Strategic Financial Concepts LLC increased its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 42,602.7% in the fourth quarter. Strategic Financial Concepts LLC now owns 250,665 shares of the exchange traded fund’s stock valued at $106,658,000 after purchasing an additional 250,078 shares during the last quarter. USA Financial Formulas lifted its position in SPDR Dow Jones Industrial Average ETF Trust by 7,978.6% during the fourth quarter. USA Financial Formulas now owns 189,444 shares of the exchange traded fund’s stock worth $80,608,000 after buying an additional 187,099 shares in the last quarter. Finally, Quadrature Capital Ltd purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter valued at $73,917,000. 37.11% of the stock is owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Stock Down 0.3 %

NYSEARCA DIA opened at $422.94 on Friday. The business’s fifty day simple moving average is $434.67 and its 200-day simple moving average is $431.29. The firm has a market cap of $37.57 billion, a PE 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 company also recently announced a dividend, which was paid on Tuesday, February 18th. Shareholders of record on Friday, January 17th were paid a dividend of $0.1624 per share. 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.