St. Johns Investment Management Company LLC Invests $196,000 in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

St. Johns Investment Management Company LLC acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 460 shares of the exchange traded fund’s stock, valued at approximately $196,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. International Assets Investment Management LLC grew its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 42,971.1% during the third quarter. International Assets Investment Management LLC now owns 3,402,189 shares of the exchange traded fund’s stock valued at $1,439,534,000 after buying an additional 3,394,290 shares during the last quarter. The Manufacturers Life Insurance Company bought a new position in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter worth about $113,015,000. USA Financial Formulas lifted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 7,978.6% during the 4th quarter. USA Financial Formulas now owns 189,444 shares of the exchange traded fund’s stock worth $80,608,000 after purchasing an additional 187,099 shares during the last quarter. Quadrature Capital Ltd purchased a new position in SPDR Dow Jones Industrial Average ETF Trust in the third quarter valued at about $73,917,000. Finally, Sanctuary Advisors LLC bought a new position in SPDR Dow Jones Industrial Average ETF Trust in the second quarter worth about $59,988,000. Institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Trading Up 0.9 %

NYSEARCA DIA opened at $445.38 on Friday. The company has a 50 day moving average price of $435.50 and a 200 day moving average price of $421.63. SPDR Dow Jones Industrial Average ETF Trust has a 52 week low of $376.14 and a 52 week high of $451.55.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Friday, January 17th will be issued a dividend of $0.1624 per share. 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.