Okabena Investment Services Inc. Takes Position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Okabena Investment Services Inc. purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 1,220 shares of the exchange traded fund’s stock, valued at approximately $519,000.

A number of other institutional investors also recently made changes to their positions in the stock. Strategic Financial Concepts LLC boosted its stake in SPDR Dow Jones Industrial Average ETF Trust by 42,602.7% during the 4th quarter. Strategic Financial Concepts LLC now owns 250,665 shares of the exchange traded fund’s stock valued at $106,658,000 after purchasing an additional 250,078 shares in the last quarter. Park Avenue Securities LLC bought a new position in SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter valued at about $381,000. Fisher Asset Management LLC grew its holdings in SPDR Dow Jones Industrial Average ETF Trust by 57.1% during the fourth quarter. Fisher Asset Management LLC now owns 784 shares of the exchange traded fund’s stock worth $334,000 after acquiring an additional 285 shares during the period. DAVENPORT & Co LLC raised its position in SPDR Dow Jones Industrial Average ETF Trust by 4.9% in the fourth quarter. DAVENPORT & Co LLC now owns 6,373 shares of the exchange traded fund’s stock worth $2,712,000 after acquiring an additional 299 shares in the last quarter. Finally, Bradley & Co. Private Wealth Management LLC acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter valued at about $426,000. 37.11% of the stock is owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Trading Down 1.7 %

NYSEARCA:DIA opened at $415.62 on Friday. The company has a 50-day moving average of $434.29 and a 200-day moving average of $431.33. SPDR Dow Jones Industrial Average ETF Trust has a twelve month low of $376.14 and a twelve month high of $451.55. The firm has a market cap of $36.92 billion, a price-to-earnings ratio of 22.75 and a beta of 0.94.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, February 18th. Shareholders of record on Friday, January 17th were given a $0.1624 dividend. 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.