Spring Capital Management LLC Purchases Shares of 2,920 SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Spring Capital Management LLC acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) during the fourth quarter, Holdings Channel.com reports. The fund acquired 2,920 shares of the exchange traded fund’s stock, valued at approximately $1,242,000. SPDR Dow Jones Industrial Average ETF Trust makes up approximately 0.7% of Spring Capital Management LLC’s holdings, making the stock its 27th biggest position.

A number of other large investors have also recently made changes to their positions in the business. International Assets Investment Management LLC boosted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 42,971.1% during the third quarter. International Assets Investment Management LLC now owns 3,402,189 shares of the exchange traded fund’s stock valued at $1,439,534,000 after buying an additional 3,394,290 shares during the last quarter. The Manufacturers Life Insurance Company bought a new position in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter valued at $113,015,000. USA Financial Formulas boosted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 7,978.6% during the 4th quarter. USA Financial Formulas now owns 189,444 shares of the exchange traded fund’s stock worth $80,608,000 after acquiring an additional 187,099 shares during the last quarter. Quadrature Capital Ltd bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter worth $73,917,000. Finally, Sanctuary Advisors LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the second quarter valued at about $59,988,000. 37.11% of the stock is owned by institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

SPDR Dow Jones Industrial Average ETF Trust stock opened at $434.72 on Friday. SPDR Dow Jones Industrial Average ETF Trust has a fifty-two week low of $371.36 and a fifty-two week high of $451.55. The firm’s 50-day simple moving average is $435.72 and its 200 day simple moving average is $420.18.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Friday, January 17th will be paid a $0.1624 dividend. The ex-dividend date 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.