Peapack Gladstone Financial Corp Cuts Stock Holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Peapack Gladstone Financial Corp lessened its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 0.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 17,170 shares of the exchange traded fund’s stock after selling 137 shares during the quarter. Peapack Gladstone Financial Corp’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $7,306,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in DIA. Tull Financial Group Inc. boosted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 4.7% in the fourth quarter. Tull Financial Group Inc. now owns 562 shares of the exchange traded fund’s stock valued at $239,000 after acquiring an additional 25 shares during the last quarter. American Capital Advisory LLC grew its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 60.5% during the 4th quarter. American Capital Advisory LLC now owns 69 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 26 shares during the period. QRG Capital Management Inc. grew its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 0.8% during the 4th quarter. QRG Capital Management Inc. now owns 3,457 shares of the exchange traded fund’s stock worth $1,471,000 after purchasing an additional 26 shares during the period. Seamount Financial Group Inc. increased its position in SPDR Dow Jones Industrial Average ETF Trust by 0.6% during the 4th quarter. Seamount Financial Group Inc. now owns 4,777 shares of the exchange traded fund’s stock worth $2,032,000 after purchasing an additional 29 shares in the last quarter. Finally, Founders Financial Alliance LLC raised its holdings in SPDR Dow Jones Industrial Average ETF Trust by 0.4% in the fourth quarter. Founders Financial Alliance LLC now owns 8,376 shares of the exchange traded fund’s stock valued at $3,564,000 after buying an additional 32 shares during the period. 37.11% of the stock is owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Stock Down 5.4 %

DIA opened at $383.22 on Monday. SPDR Dow Jones Industrial Average ETF Trust has a 52-week low of $375.11 and a 52-week high of $451.55. The company has a 50 day moving average of $431.17 and a two-hundred day moving average of $431.46. The company has a market cap of $33.83 billion, a P/E ratio of 23.00 and a beta of 0.91.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, February 18th. Investors of record on Friday, January 17th were given a dividend of $0.1624 per share. The ex-dividend date of this dividend was 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.