Prasad Wealth Partners LLC Invests $205,000 in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Prasad Wealth Partners LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) during the 4th quarter, HoldingsChannel reports. The fund purchased 481 shares of the exchange traded fund’s stock, valued at approximately $205,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of DIA. American Capital Advisory LLC raised its holdings 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 valued at $29,000 after acquiring an additional 26 shares during the last quarter. Crews Bank & Trust acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter valued at approximately $53,000. FSA Wealth Management LLC acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the third quarter valued at approximately $60,000. Truvestments Capital LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust during the third quarter worth approximately $62,000. Finally, China Universal Asset Management Co. Ltd. acquired a new position in SPDR Dow Jones Industrial Average ETF Trust during the third quarter worth $64,000. 37.11% of the stock is currently owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Stock Up 0.1 %

Shares of DIA opened at $434.53 on Tuesday. The stock has a fifty day simple moving average of $436.34 and a two-hundred day simple moving average of $429.00. SPDR Dow Jones Industrial Average ETF Trust has a 52-week low of $376.14 and a 52-week high of $451.55.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The company also recently disclosed 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 of this dividend 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.