Gladstone Institutional Advisory LLC Lowers Stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Gladstone Institutional Advisory LLC lessened its holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 7.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 16,190 shares of the exchange traded fund’s stock after selling 1,250 shares during the quarter. Gladstone Institutional Advisory LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $6,889,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. American Capital Advisory LLC raised its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 60.5% in 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 last quarter. Bull Oak Capital LLC purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the third quarter worth $33,000. Crews Bank & Trust bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter valued at $53,000. FSA Wealth Management LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the third quarter valued at $60,000. Finally, GAMMA Investing LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the third quarter valued at $61,000. Institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

Shares of NYSEARCA:DIA opened at $446.11 on Wednesday. The business has a 50-day simple moving average of $436.57 and a two-hundred day simple moving average of $425.86. SPDR Dow Jones Industrial Average ETF Trust has a fifty-two week low of $376.14 and a fifty-two week high of $451.55.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, February 18th. Investors of record on Friday, January 17th will be given 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 Company 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.