SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) Stake Cut by Arkansas Financial Group Inc.

Arkansas Financial Group Inc. trimmed its position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 0.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 234,055 shares of the exchange traded fund’s stock after selling 1,759 shares during the period. SPDR Dow Jones Industrial Average ETF Trust makes up about 16.1% of Arkansas Financial Group Inc.’s holdings, making the stock its biggest holding. Arkansas Financial Group Inc. owned 0.26% of SPDR Dow Jones Industrial Average ETF Trust worth $99,591,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. GAMMA Investing LLC bought a new position in SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter worth about $61,000. Kingsview Wealth Management LLC increased its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 16.2% in the 3rd quarter. Kingsview Wealth Management LLC now owns 3,250 shares of the exchange traded fund’s stock valued at $1,375,000 after purchasing an additional 452 shares during the period. Duncan Williams Asset Management LLC increased its stake in SPDR Dow Jones Industrial Average ETF Trust by 20.7% in the 3rd quarter. Duncan Williams Asset Management LLC now owns 2,099 shares of the exchange traded fund’s stock valued at $888,000 after buying an additional 360 shares during the period. Consolidated Capital Management LLC boosted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 5.6% in the third quarter. Consolidated Capital Management LLC now owns 1,710 shares of the exchange traded fund’s stock worth $724,000 after purchasing an additional 91 shares in the last quarter. Finally, Gladstone Institutional Advisory LLC raised its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 2.1% in the third quarter. Gladstone Institutional Advisory LLC now owns 17,440 shares of the exchange traded fund’s stock valued at $7,379,000 after purchasing an additional 366 shares during the period. Institutional investors and hedge funds own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

Shares of NYSEARCA:DIA opened at $442.71 on Thursday. The company’s 50-day moving average price is $435.50 and its two-hundred day moving average price is $421.63. SPDR Dow Jones Industrial Average ETF Trust has a 12 month low of $376.14 and a 12 month high of $451.55.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Friday, January 17th will be paid 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.