Prasad Wealth Partners LLC Purchases New Position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Prasad Wealth Partners LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 481 shares of the exchange traded fund’s stock, valued at approximately $205,000.

A number of other hedge funds also recently bought and sold shares of the business. American Capital Advisory LLC increased its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 60.5% in the fourth quarter. American Capital Advisory LLC now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 26 shares in the last quarter. Crews Bank & Trust acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter valued at $53,000. FSA Wealth Management LLC purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter worth $60,000. Truvestments Capital LLC acquired a new position in SPDR Dow Jones Industrial Average ETF Trust during the third quarter worth $62,000. Finally, China Universal Asset Management Co. Ltd. purchased a new position in SPDR Dow Jones Industrial Average ETF Trust during the third quarter valued at $64,000. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

DIA stock opened at $434.53 on Tuesday. SPDR Dow Jones Industrial Average ETF Trust has a 52 week low of $376.14 and a 52 week high of $451.55. The firm has a 50-day simple moving average of $436.34 and a 200-day simple moving average of $429.00.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, February 18th. Shareholders of record on Friday, January 17th were paid 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.