Vivid Wealth Management LLC Lowers Stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Vivid Wealth Management LLC reduced its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 1.3% during the 4th quarter, HoldingsChannel reports. The firm owned 7,293 shares of the exchange traded fund’s stock after selling 96 shares during the period. SPDR Dow Jones Industrial Average ETF Trust accounts for approximately 1.6% of Vivid Wealth Management LLC’s investment portfolio, making the stock its 17th biggest holding. Vivid Wealth Management LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $3,103,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. American Capital Advisory LLC grew its position in SPDR Dow Jones Industrial Average ETF Trust by 60.5% during the 4th 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 during the last quarter. Bull Oak Capital LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the third quarter valued at about $33,000. Crews Bank & Trust purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter valued at about $53,000. FSA Wealth Management LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the third quarter valued at about $60,000. Finally, Truvestments Capital LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the third quarter valued at about $62,000. 37.11% of the stock is owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Stock Down 0.3 %

Shares of NYSEARCA:DIA opened at $445.79 on Friday. The firm’s 50-day simple moving average is $436.36 and its 200-day simple moving average is $426.41. 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.

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 issued a $0.1624 dividend. 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.