MFG Wealth Management Inc. Takes Position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

MFG Wealth Management Inc. bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) during the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 3,901 shares of the exchange traded fund’s stock, valued at approximately $1,660,000.

Several other institutional investors also recently bought and sold shares of DIA. American Capital Advisory LLC boosted its position in SPDR Dow Jones Industrial Average ETF Trust by 60.5% in the 4th quarter. American Capital Advisory LLC now owns 69 shares of the exchange traded fund’s stock worth $29,000 after purchasing an additional 26 shares in the last quarter. Bull Oak Capital LLC acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter valued at $33,000. Crews Bank & Trust purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter worth $53,000. GAMMA Investing LLC acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust during the third quarter valued at $61,000. Finally, FSA Wealth Management LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust in the third quarter valued at $60,000. 37.11% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Trading Down 0.6 %

Shares of SPDR Dow Jones Industrial Average ETF Trust stock opened at $443.63 on Thursday. 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 firm has a 50-day simple moving average of $436.53 and a two-hundred day simple moving average of $426.14.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, February 18th. Investors of record on Friday, January 17th will be issued a $0.1624 dividend. The ex-dividend date of this dividend 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.