Verdence Capital Advisors LLC Reduces Position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Verdence Capital Advisors LLC cut its position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 15.8% during the fourth quarter, HoldingsChannel reports. The firm owned 2,660 shares of the exchange traded fund’s stock after selling 498 shares during the quarter. Verdence Capital Advisors LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $1,132,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Tull Financial Group Inc. boosted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 4.7% in the 4th quarter. Tull Financial Group Inc. now owns 562 shares of the exchange traded fund’s stock valued at $239,000 after buying an additional 25 shares in the last quarter. American Capital Advisory LLC boosted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 60.5% in 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 in the last quarter. QRG Capital Management Inc. boosted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 0.8% in the 4th quarter. QRG Capital Management Inc. now owns 3,457 shares of the exchange traded fund’s stock valued at $1,471,000 after buying an additional 26 shares in the last quarter. XML Financial LLC boosted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 1.1% in the 3rd quarter. XML Financial LLC now owns 2,401 shares of the exchange traded fund’s stock valued at $1,016,000 after buying an additional 27 shares in the last quarter. Finally, Seamount Financial Group Inc. boosted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 0.6% in the 4th quarter. Seamount Financial Group Inc. now owns 4,777 shares of the exchange traded fund’s stock valued at $2,032,000 after buying an additional 29 shares in the last quarter. 37.11% of the stock is owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Trading Up 1.2 %

Shares of SPDR Dow Jones Industrial Average ETF Trust stock opened at $430.47 on Thursday. The company has a fifty day simple moving average of $436.79 and a 200-day simple moving average of $430.40. SPDR Dow Jones Industrial Average ETF Trust has a 12-month low of $376.14 and a 12-month high of $451.55. The stock has a market cap of $36.89 billion, a price-to-earnings ratio of 24.21 and a beta of 0.95.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, February 18th. Stockholders of record on Friday, January 17th were issued a $0.1624 dividend. 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.