Arkadios Wealth Advisors Trims Holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Arkadios Wealth Advisors lowered its position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 3.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 8,131 shares of the exchange traded fund’s stock after selling 301 shares during the period. Arkadios Wealth Advisors’ holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $3,460,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of DIA. International Assets Investment Management LLC boosted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 42,971.1% in the 3rd 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 acquiring an additional 3,394,290 shares during the last quarter. CHURCHILL MANAGEMENT Corp lifted its position in SPDR Dow Jones Industrial Average ETF Trust by 0.8% during the fourth quarter. CHURCHILL MANAGEMENT Corp now owns 537,885 shares of the exchange traded fund’s stock valued at $228,870,000 after purchasing an additional 4,029 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 1.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 291,556 shares of the exchange traded fund’s stock valued at $114,040,000 after purchasing an additional 5,134 shares during the last quarter. The Manufacturers Life Insurance Company purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter valued at about $113,015,000. Finally, Arkansas Financial Group Inc. lifted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 1.0% in the 3rd quarter. Arkansas Financial Group Inc. now owns 235,814 shares of the exchange traded fund’s stock valued at $99,778,000 after buying an additional 2,411 shares during the period. Institutional investors and hedge funds own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

Shares of DIA opened at $434.72 on Friday. The stock’s 50-day moving average price is $435.72 and its 200-day moving average price is $420.18. SPDR Dow Jones Industrial Average ETF Trust has a 52 week low of $371.36 and a 52 week high of $451.55.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Friday, January 17th will be paid a dividend of $0.1624 per share. 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.