Global Trust Asset Management LLC Decreases Stock Holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Global Trust Asset Management LLC lessened its holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 11.0% during the fourth quarter, HoldingsChannel.com reports. The fund owned 1,130 shares of the exchange traded fund’s stock after selling 140 shares during the quarter. Global Trust Asset Management LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $481,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bull Oak Capital LLC acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter valued at $33,000. Semmax Financial Advisors Inc. boosted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 1,880.0% in the second quarter. Semmax Financial Advisors Inc. now owns 99 shares of the exchange traded fund’s stock worth $40,000 after buying an additional 94 shares during the period. FSA Wealth Management LLC acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the third quarter valued at about $60,000. GAMMA Investing LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter valued at about $61,000. Finally, Truvestments Capital LLC acquired a new position in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter worth approximately $62,000. Institutional investors and hedge funds own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

NYSEARCA DIA opened at $440.10 on Wednesday. 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 business has a 50 day moving average price of $435.46 and a two-hundred day moving average price of $421.49.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

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