First Horizon Advisors Inc. Grows Stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

First Horizon Advisors Inc. boosted its position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 13.7% in the fourth quarter, Holdings Channel reports. The fund owned 7,576 shares of the exchange traded fund’s stock after purchasing an additional 913 shares during the quarter. First Horizon Advisors Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $3,224,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of DIA. American Capital Advisory LLC grew its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 60.5% during the 4th 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 during the period. Crews Bank & Trust purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter worth approximately $53,000. FSA Wealth Management LLC bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the third quarter valued at approximately $60,000. Truvestments Capital LLC purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the third quarter valued at approximately $62,000. Finally, China Universal Asset Management Co. Ltd. bought a new position in SPDR Dow Jones Industrial Average ETF Trust in the third quarter worth approximately $64,000. Institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Trading Down 1.9 %

Shares of SPDR Dow Jones Industrial Average ETF Trust stock opened at $434.15 on Monday. SPDR Dow Jones Industrial Average ETF Trust has a 1-year low of $376.14 and a 1-year high of $451.55. The company’s fifty day simple moving average is $436.41 and its 200-day simple moving average is $428.72.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, February 18th. Investors of record on Friday, January 17th were given a dividend of $0.1624 per share. 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.