SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) Shares Sold by Essex Financial Services Inc.

Essex Financial Services Inc. decreased its position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 7.1% during the 4th quarter, Holdings Channel reports. The firm owned 4,878 shares of the exchange traded fund’s stock after selling 372 shares during the quarter. Essex Financial Services Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $2,075,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. American Capital Advisory LLC grew its holdings 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 valued at $29,000 after buying 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 $33,000. Crews Bank & Trust acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter valued at $53,000. FSA Wealth Management LLC purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter worth about $60,000. Finally, GAMMA Investing LLC purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter worth about $61,000. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

NYSEARCA:DIA opened at $446.11 on Wednesday. SPDR Dow Jones Industrial Average ETF Trust has a 12-month low of $376.14 and a 12-month high of $451.55. The company’s 50-day moving average is $436.57 and its two-hundred day moving average is $425.86.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Friday, January 17th will be given 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.