10,406 Shares in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) Acquired by Sharp Financial Services LLC

Sharp Financial Services LLC acquired a new position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) in the fourth quarter, Holdings Channel reports. The firm acquired 10,406 shares of the exchange traded fund’s stock, valued at approximately $4,428,000. SPDR Dow Jones Industrial Average ETF Trust accounts for 3.4% of Sharp Financial Services LLC’s portfolio, making the stock its 11th largest holding.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bull Oak Capital LLC acquired a new position in SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter worth approximately $33,000. Semmax Financial Advisors Inc. boosted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 1,880.0% during the 2nd 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 period. GAMMA Investing LLC acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter valued at $61,000. FSA Wealth Management LLC acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter valued at $60,000. Finally, Truvestments Capital LLC acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter valued at $62,000. Institutional investors and hedge funds own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

Shares of NYSEARCA:DIA opened at $441.28 on Thursday. The firm has a fifty day moving average of $435.46 and a two-hundred day moving average of $421.49. SPDR Dow Jones Industrial Average ETF Trust has a 12-month low of $376.14 and a 12-month high of $451.55.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

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