Sovran Advisors LLC Takes $240,000 Position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Sovran Advisors LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 564 shares of the exchange traded fund’s stock, valued at approximately $240,000.

Several other large investors have also recently bought and sold shares of the business. American Capital Advisory LLC grew its position in SPDR Dow Jones Industrial Average ETF Trust by 60.5% during the fourth quarter. American Capital Advisory LLC now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 26 shares in the last quarter. Bull Oak Capital LLC acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter valued at $33,000. Crews Bank & Trust acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter worth $53,000. FSA Wealth Management LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the third quarter worth $60,000. Finally, GAMMA Investing LLC acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust during the third quarter valued at $61,000. 37.11% of the stock is owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Stock Up 0.8 %

Shares of DIA stock opened at $447.26 on Friday. 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. The stock’s 50-day moving average is $436.39 and its two-hundred day moving average is $426.27.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, February 18th. Investors of record on Friday, January 17th will be issued a $0.1624 dividend. The ex-dividend date 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.