SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) is Echo45 Advisors LLC’s 9th Largest Position

Echo45 Advisors LLC decreased its position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 25.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,063 shares of the exchange traded fund’s stock after selling 5,059 shares during the period. SPDR Dow Jones Industrial Average ETF Trust accounts for approximately 4.2% of Echo45 Advisors LLC’s portfolio, making the stock its 9th biggest position. Echo45 Advisors LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $6,434,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of DIA. International Assets Investment Management LLC lifted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 42,971.1% during the 3rd quarter. International Assets Investment Management LLC now owns 3,402,189 shares of the exchange traded fund’s stock valued at $1,439,534,000 after buying an additional 3,394,290 shares during the last quarter. The Manufacturers Life Insurance Company bought a new stake in SPDR Dow Jones Industrial Average ETF Trust in the third quarter worth approximately $113,015,000. USA Financial Formulas increased its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 7,978.6% during the 4th quarter. USA Financial Formulas now owns 189,444 shares of the exchange traded fund’s stock worth $80,608,000 after purchasing an additional 187,099 shares during the last quarter. Quadrature Capital Ltd acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter valued at $73,917,000. Finally, Sanctuary Advisors LLC bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter worth about $59,988,000. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

Shares of SPDR Dow Jones Industrial Average ETF Trust stock opened at $441.28 on Thursday. 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 has a fifty day simple moving average of $435.46 and a 200-day simple moving average of $421.49.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Friday, January 17th will be given a dividend of $0.1624 per share. The ex-dividend date of this dividend is 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.