Howe & Rusling Inc. Reduces Stock Position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Howe & Rusling Inc. decreased its position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 7.5% during the 4th quarter, Holdings Channel.com reports. The fund owned 1,151 shares of the exchange traded fund’s stock after selling 93 shares during the period. Howe & Rusling Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $490,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of DIA. American Capital Advisory LLC boosted 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 worth $29,000 after purchasing an additional 26 shares in the last quarter. Crews Bank & Trust acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter worth $53,000. NewSquare Capital LLC boosted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 432.0% in the 4th quarter. NewSquare Capital LLC now owns 133 shares of the exchange traded fund’s stock worth $57,000 after buying an additional 108 shares in the last quarter. Halbert Hargrove Global Advisors LLC acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter valued at about $59,000. Finally, FSA Wealth Management LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter valued at about $60,000. Institutional investors and hedge funds own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Trading Down 0.3 %

Shares of DIA opened at $422.94 on Friday. SPDR Dow Jones Industrial Average ETF Trust has a 12-month low of $376.14 and a 12-month high of $451.55. The stock has a market cap of $37.57 billion, a P/E ratio of 22.75 and a beta of 0.94. The company has a 50-day moving average of $434.67 and a two-hundred day moving average of $431.29.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

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