Saxony Capital Management LLC Purchases New Shares in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Saxony Capital Management LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 6,413 shares of the exchange traded fund’s stock, valued at approximately $2,729,000. SPDR Dow Jones Industrial Average ETF Trust makes up 2.4% of Saxony Capital Management LLC’s investment portfolio, making the stock its 10th largest position.

A number of other large investors have also added to or reduced their stakes in the company. Bull Oak Capital LLC acquired a new position in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter worth $33,000. Crews Bank & Trust acquired a new position in SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter worth $53,000. FSA Wealth Management LLC acquired a new position in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter worth $60,000. GAMMA Investing LLC acquired a new position in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter worth $61,000. Finally, Truvestments Capital LLC acquired a new position in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter worth $62,000. 37.11% of the stock is owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

Shares of DIA stock opened at $448.82 on Friday. SPDR Dow Jones Industrial Average ETF Trust has a 1-year low of $376.14 and a 1-year high of $451.55. The firm has a fifty day moving average of $436.86 and a two-hundred day moving average of $423.56.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The firm also recently declared 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.

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.