32,338 Shares in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) Purchased by Proficio Capital Partners LLC

Proficio Capital Partners LLC bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 32,338 shares of the exchange traded fund’s stock, valued at approximately $13,760,000.

A number of other hedge funds have also made changes to their positions in the company. American Capital Advisory LLC lifted its stake 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 worth $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 about $53,000. FSA Wealth Management LLC acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter worth approximately $60,000. Truvestments Capital LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the third quarter valued at approximately $62,000. Finally, Kestra Investment Management LLC acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter valued at approximately $69,000. Institutional investors and hedge funds own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

Shares of SPDR Dow Jones Industrial Average ETF Trust stock opened at $438.37 on Friday. The business’s 50 day moving average price is $436.90 and its 200 day moving average price is $429.87. The company has a market cap of $37.56 billion, a price-to-earnings ratio of 24.21 and a beta of 0.95. SPDR Dow Jones Industrial Average ETF Trust has a one year low of $376.14 and a one year high of $451.55.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

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

About SPDR Dow Jones Industrial Average ETF Trust

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.