Arkansas Financial Group Inc. Cuts Holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Arkansas Financial Group Inc. lowered its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 0.7% in the 4th quarter, HoldingsChannel.com reports. The fund owned 234,055 shares of the exchange traded fund’s stock after selling 1,759 shares during the quarter. SPDR Dow Jones Industrial Average ETF Trust comprises 16.1% of Arkansas Financial Group Inc.’s investment portfolio, making the stock its largest holding. Arkansas Financial Group Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $99,591,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the stock. International Assets Investment Management LLC raised its stake in 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 period. CHURCHILL MANAGEMENT Corp increased its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 0.8% in the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 537,885 shares of the exchange traded fund’s stock worth $228,870,000 after buying an additional 4,029 shares during the last quarter. SG Americas Securities LLC raised its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 76.1% during the fourth quarter. SG Americas Securities LLC now owns 309,911 shares of the exchange traded fund’s stock worth $131,867,000 after acquiring an additional 133,961 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 1.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 291,556 shares of the exchange traded fund’s stock valued at $114,040,000 after acquiring an additional 5,134 shares during the last quarter. Finally, The Manufacturers Life Insurance Company purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the third quarter valued at approximately $113,015,000. Institutional investors and hedge funds own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

NYSEARCA DIA opened at $442.71 on Thursday. SPDR Dow Jones Industrial Average ETF Trust has a 1 year low of $376.14 and a 1 year high of $451.55. The business’s 50-day moving average is $435.50 and its 200 day moving average is $421.63.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

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