65,100 Shares in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) Purchased by Allianz Asset Management GmbH

Allianz Asset Management GmbH acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) during the fourth quarter, HoldingsChannel reports. The fund acquired 65,100 shares of the exchange traded fund’s stock, valued at approximately $27,700,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. CHURCHILL MANAGEMENT Corp raised its position in SPDR Dow Jones Industrial Average ETF Trust by 0.8% during the fourth quarter. CHURCHILL MANAGEMENT Corp now owns 537,885 shares of the exchange traded fund’s stock worth $228,870,000 after acquiring an additional 4,029 shares during the last quarter. SG Americas Securities LLC raised its position in 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 during the last quarter. Private Advisor Group LLC raised its position in SPDR Dow Jones Industrial Average ETF Trust by 106.1% during the fourth quarter. Private Advisor Group LLC now owns 281,782 shares of the exchange traded fund’s stock worth $119,900,000 after acquiring an additional 145,050 shares during the last quarter. The Manufacturers Life Insurance Company acquired a new position in SPDR Dow Jones Industrial Average ETF Trust during the third quarter worth about $113,015,000. Finally, Strategic Financial Concepts LLC raised its position in SPDR Dow Jones Industrial Average ETF Trust by 42,602.7% during the fourth quarter. Strategic Financial Concepts LLC now owns 250,665 shares of the exchange traded fund’s stock worth $106,658,000 after acquiring an additional 250,078 shares during the last quarter. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

Shares of DIA opened at $434.15 on Monday. The company has a 50-day moving average of $436.41 and a two-hundred day moving average of $428.72. SPDR Dow Jones Industrial Average ETF Trust has a 12-month low of $376.14 and a 12-month high of $451.55.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, February 18th. Shareholders of record on Friday, January 17th were given a dividend of $0.1624 per share. The ex-dividend date was Friday, January 17th.

SPDR Dow Jones Industrial Average ETF Trust Company 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.