Tandem Investment Partners LLC Acquires Shares of 800 SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Tandem Investment Partners LLC acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 800 shares of the exchange traded fund’s stock, valued at approximately $340,000.

Other large investors also recently added to or reduced their stakes in the company. American Capital Advisory LLC boosted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 60.5% during the fourth quarter. American Capital Advisory LLC now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 26 shares in the last quarter. Nemes Rush Group LLC bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter valued at $50,000. Crews Bank & Trust purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter valued at $53,000. NewSquare Capital LLC raised its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 432.0% in the 4th quarter. NewSquare Capital LLC now owns 133 shares of the exchange traded fund’s stock worth $57,000 after acquiring an additional 108 shares in the last quarter. Finally, Halbert Hargrove Global Advisors LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter worth $59,000. 37.11% of the stock is owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

Shares of DIA stock opened at $379.57 on Tuesday. The stock’s 50-day moving average is $429.82 and its 200 day moving average is $431.16. SPDR Dow Jones Industrial Average ETF Trust has a 1-year low of $366.32 and a 1-year high of $451.55. The company has a market cap of $33.51 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 declared a dividend, which was paid on Tuesday, February 18th. Shareholders of record on Friday, January 17th were issued a $0.1624 dividend. The ex-dividend date was 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.