Union Bancaire Privee UBP SA Makes New Investment in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Union Bancaire Privee UBP SA acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 8,864 shares of the exchange traded fund’s stock, valued at approximately $3,623,000.

Several other hedge funds have also recently bought and sold shares of DIA. American Capital Advisory LLC increased its holdings 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 worth $29,000 after buying an additional 26 shares in the last quarter. 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 acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter worth approximately $60,000. Truvestments Capital LLC acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter worth $62,000. Finally, China Universal Asset Management Co. Ltd. bought a new stake in SPDR Dow Jones Industrial Average ETF Trust in the third quarter valued at about $64,000. 37.11% of the stock is currently owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

Shares of NYSEARCA DIA opened at $434.15 on Friday. The company’s fifty day moving average is $436.41 and its 200-day moving average is $428.43. SPDR Dow Jones Industrial Average ETF Trust has a twelve month low of $376.14 and a twelve month high of $451.55.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, February 18th. Shareholders 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.