Valmark Advisers Inc. Has $692,000 Position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Valmark Advisers Inc. grew its holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 29.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,626 shares of the exchange traded fund’s stock after buying an additional 366 shares during the quarter. Valmark Advisers Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $692,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. American Capital Advisory LLC increased its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 60.5% in the fourth 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. Bull Oak Capital LLC bought a new position in SPDR Dow Jones Industrial Average ETF Trust in the third quarter valued at about $33,000. Crews Bank & Trust bought a new position in SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter valued at about $53,000. FSA Wealth Management LLC bought a new position in SPDR Dow Jones Industrial Average ETF Trust in the third quarter valued at about $60,000. Finally, Truvestments Capital LLC bought a new position in SPDR Dow Jones Industrial Average ETF Trust in the third quarter valued at about $62,000. 37.11% of the stock is currently owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Trading Down 0.3 %

SPDR Dow Jones Industrial Average ETF Trust stock opened at $445.79 on Tuesday. The business’s 50-day simple moving average is $436.33 and its 200 day simple moving average is $426.96. 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 business also recently announced a dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Friday, January 17th will be issued a dividend of $0.1624 per share. The ex-dividend date is 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.