Oppenheimer & Co. Inc. Purchases 3,701 Shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Oppenheimer & Co. Inc. increased its position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 12.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 33,055 shares of the exchange traded fund’s stock after acquiring an additional 3,701 shares during the period. Oppenheimer & Co. Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $14,065,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. American Capital Advisory LLC lifted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 60.5% in the 4th 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 during the period. Crews Bank & Trust bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter worth approximately $53,000. FSA Wealth Management LLC bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter worth approximately $60,000. Truvestments Capital LLC bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the third quarter valued at approximately $62,000. Finally, China Universal Asset Management Co. Ltd. bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the third quarter valued at approximately $64,000. Institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Down 0.4 %

DIA stock opened at $434.34 on Thursday. SPDR Dow Jones Industrial Average ETF Trust has a 12-month low of $376.14 and a 12-month high of $451.55. The business has a 50 day moving average of $436.55 and a 200-day moving average of $429.32. The firm has a market cap of $37.22 billion, a PE ratio of 24.21 and a beta of 0.95.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

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