Wedbush Securities Inc. Sells 2,403 Shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Wedbush Securities Inc. cut its holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 23.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,026 shares of the exchange traded fund’s stock after selling 2,403 shares during the quarter. Wedbush Securities Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $3,415,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in DIA. FMR LLC increased its holdings in SPDR Dow Jones Industrial Average ETF Trust by 10.7% in the 3rd quarter. FMR LLC now owns 74,060 shares of the exchange traded fund’s stock worth $31,336,000 after buying an additional 7,143 shares in the last quarter. Benjamin Edwards Inc. purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter valued at about $982,000. Weaver Consulting Group grew its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 3.8% in the third quarter. Weaver Consulting Group now owns 1,371 shares of the exchange traded fund’s stock worth $580,000 after acquiring an additional 50 shares during the period. Kovitz Investment Group Partners LLC raised its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 12.4% during the third quarter. Kovitz Investment Group Partners LLC now owns 10,920 shares of the exchange traded fund’s stock valued at $4,620,000 after purchasing an additional 1,204 shares during the last quarter. Finally, EP Wealth Advisors LLC lifted its position in SPDR Dow Jones Industrial Average ETF Trust by 1.6% during the third quarter. EP Wealth Advisors LLC now owns 17,158 shares of the exchange traded fund’s stock valued at $7,260,000 after purchasing an additional 267 shares during the period. 37.11% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Trading Down 5.4 %

Shares of DIA stock opened at $383.22 on Friday. 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 capitalization of $33.83 billion, a P/E ratio of 23.00 and a beta of 0.91. The firm’s 50 day moving average is $431.17 and its 200 day moving average is $431.25.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, February 18th. Stockholders of record on Friday, January 17th were paid a $0.1624 dividend. The ex-dividend date was 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.