CIBC Private Wealth Group LLC Sells 278 Shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

CIBC Private Wealth Group LLC decreased its holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 2.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,253 shares of the exchange traded fund’s stock after selling 278 shares during the period. CIBC Private Wealth Group LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $3,943,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Strategic Financial Concepts LLC increased its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 42,602.7% in the 4th quarter. Strategic Financial Concepts LLC now owns 250,665 shares of the exchange traded fund’s stock valued at $106,658,000 after acquiring an additional 250,078 shares during the period. Park Avenue Securities LLC bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter valued at about $381,000. Fisher Asset Management LLC grew its stake in SPDR Dow Jones Industrial Average ETF Trust by 57.1% in the fourth quarter. Fisher Asset Management LLC now owns 784 shares of the exchange traded fund’s stock valued at $334,000 after purchasing an additional 285 shares during the last quarter. DAVENPORT & Co LLC raised its holdings in SPDR Dow Jones Industrial Average ETF Trust by 4.9% in the fourth quarter. DAVENPORT & Co LLC now owns 6,373 shares of the exchange traded fund’s stock worth $2,712,000 after purchasing an additional 299 shares in the last quarter. Finally, Bradley & Co. Private Wealth Management LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter valued at about $426,000. 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 $419.59 on Wednesday. The company’s 50-day simple moving average is $433.58 and its 200-day simple moving average is $431.74. SPDR Dow Jones Industrial Average ETF Trust has a fifty-two week low of $376.14 and a fifty-two week high of $451.55. The stock has a market capitalization of $37.05 billion, a P/E ratio of 23.00 and a beta of 0.91.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, February 18th. Investors of record on Friday, January 17th were given a dividend of $0.1624 per share. 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.