Summit Asset Management LLC Has $5.61 Million Holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Summit Asset Management LLC lessened its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 0.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 13,177 shares of the exchange traded fund’s stock after selling 72 shares during the period. SPDR Dow Jones Industrial Average ETF Trust accounts for 1.0% of Summit Asset Management LLC’s holdings, making the stock its 25th biggest holding. Summit Asset Management LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $5,607,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. American Capital Advisory LLC lifted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 60.5% in the fourth quarter. American Capital Advisory LLC now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 26 shares during the period. Crews Bank & Trust acquired a new position in SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter valued at $53,000. FSA Wealth Management LLC acquired a new position in SPDR Dow Jones Industrial Average ETF Trust in the third quarter valued at $60,000. Truvestments Capital LLC acquired a new position in SPDR Dow Jones Industrial Average ETF Trust in the third quarter valued at $62,000. Finally, China Universal Asset Management Co. Ltd. acquired a new position in SPDR Dow Jones Industrial Average ETF Trust in the third quarter valued at $64,000. Institutional investors and hedge funds own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Trading Down 1.9 %

Shares of NYSEARCA DIA opened at $434.15 on Friday. The firm’s 50-day moving average price is $436.41 and its 200-day moving average price is $428.43. SPDR Dow Jones Industrial Average ETF Trust has a 1-year low of $376.14 and a 1-year high of $451.55.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

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