Cowa LLC Sells 1,527 Shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Cowa LLC cut its position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 11.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,461 shares of the exchange traded fund’s stock after selling 1,527 shares during the period. SPDR Dow Jones Industrial Average ETF Trust accounts for about 2.2% of Cowa LLC’s investment portfolio, making the stock its 12th biggest position. Cowa LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $4,877,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in DIA. American Capital Advisory LLC boosted its position in SPDR Dow Jones Industrial Average ETF Trust by 60.5% in the fourth quarter. American Capital Advisory LLC now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 26 shares in the last quarter. Bull Oak Capital LLC acquired a new position in SPDR Dow Jones Industrial Average ETF Trust in the third quarter valued at about $33,000. Crews Bank & Trust acquired 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 position in SPDR Dow Jones Industrial Average ETF Trust in the third quarter valued at about $60,000. Finally, Truvestments Capital LLC acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the third quarter worth approximately $62,000. 37.11% of the stock is currently owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Trading Down 1.9 %

Shares of DIA stock opened at $434.15 on Friday. SPDR Dow Jones Industrial Average ETF Trust has a 1 year low of $376.14 and a 1 year high of $451.55. The firm’s 50 day moving average is $436.52 and its 200-day moving average is $427.83.

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.

About SPDR Dow Jones Industrial Average ETF Trust

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.