First United Bank & Trust Cuts Stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

First United Bank & Trust cut its position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 9.3% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 636 shares of the exchange traded fund’s stock after selling 65 shares during the period. First United Bank & Trust’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $271,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in DIA. Bull Oak Capital LLC purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter valued at $33,000. Semmax Financial Advisors Inc. boosted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 1,880.0% during the second quarter. Semmax Financial Advisors Inc. now owns 99 shares of the exchange traded fund’s stock valued at $40,000 after buying an additional 94 shares during the last quarter. FSA Wealth Management LLC bought a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter worth about $60,000. GAMMA Investing LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter worth about $61,000. Finally, Truvestments Capital LLC bought a new position in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter valued at about $62,000. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Trading Up 0.7 %

Shares of DIA stock opened at $434.72 on Tuesday. The company has a 50 day moving average price of $435.62 and a 200-day moving average price of $420.87. SPDR Dow Jones Industrial Average ETF Trust has a 52 week low of $371.36 and a 52 week high of $451.55.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

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

SPDR Dow Jones Industrial Average ETF Trust 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.