Verus Capital Partners LLC Purchases 877 Shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Verus Capital Partners LLC grew its position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 24.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 4,403 shares of the exchange traded fund’s stock after acquiring an additional 877 shares during the quarter. Verus Capital Partners LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $1,873,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. CHURCHILL MANAGEMENT Corp grew its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 0.8% in the fourth quarter. CHURCHILL MANAGEMENT Corp now owns 537,885 shares of the exchange traded fund’s stock valued at $228,870,000 after purchasing an additional 4,029 shares in the last quarter. SG Americas Securities LLC lifted its position in SPDR Dow Jones Industrial Average ETF Trust by 76.1% during the fourth quarter. SG Americas Securities LLC now owns 309,911 shares of the exchange traded fund’s stock valued at $131,867,000 after purchasing an additional 133,961 shares during the last quarter. Private Advisor Group LLC grew its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 106.1% in the 4th quarter. Private Advisor Group LLC now owns 281,782 shares of the exchange traded fund’s stock worth $119,900,000 after buying an additional 145,050 shares in the last quarter. The Manufacturers Life Insurance Company bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter worth about $113,015,000. Finally, Strategic Financial Concepts LLC raised its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 42,602.7% during 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 buying an additional 250,078 shares in the last quarter. 37.11% of the stock is owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Trading Down 0.5 %

DIA opened at $432.35 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 50-day moving average of $436.71 and a 200 day moving average of $429.34. The firm has a market cap of $37.05 billion, a P/E ratio of 24.21 and a beta of 0.95.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

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

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.