SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) Shares Sold by Echo45 Advisors LLC

Echo45 Advisors LLC reduced its holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 25.1% during the 4th quarter, Holdings Channel reports. The fund owned 15,063 shares of the exchange traded fund’s stock after selling 5,059 shares during the quarter. SPDR Dow Jones Industrial Average ETF Trust makes up approximately 4.2% of Echo45 Advisors LLC’s portfolio, making the stock its 9th biggest position. Echo45 Advisors LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $6,434,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Semmax Financial Advisors Inc. increased its stake 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 valued at $40,000 after buying an additional 94 shares in the last quarter. Insigneo Advisory Services LLC grew its holdings in SPDR Dow Jones Industrial Average ETF Trust by 24.9% during the 2nd quarter. Insigneo Advisory Services LLC now owns 11,207 shares of the exchange traded fund’s stock worth $4,335,000 after acquiring an additional 2,236 shares during the last quarter. Toronto Dominion Bank increased its position in SPDR Dow Jones Industrial Average ETF Trust by 509.4% in the 2nd quarter. Toronto Dominion Bank now owns 25,084 shares of the exchange traded fund’s stock valued at $9,811,000 after acquiring an additional 20,968 shares in the last quarter. Point72 Europe London LLP raised its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 103.2% in the second quarter. Point72 Europe London LLP now owns 31,511 shares of the exchange traded fund’s stock worth $12,325,000 after acquiring an additional 16,000 shares during the last quarter. Finally, Daymark Wealth Partners LLC acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the second quarter worth approximately $831,000. 37.11% of the stock is owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

DIA stock opened at $441.28 on Thursday. 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 company has a 50 day moving average price of $435.46 and a 200 day moving average price of $421.49.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Friday, January 17th will be given a dividend of $0.1624 per share. The ex-dividend date is 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.