Schrum Private Wealth Management LLC Sells 1,020 Shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Schrum Private Wealth Management LLC lowered its position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 46.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,182 shares of the exchange traded fund’s stock after selling 1,020 shares during the period. Schrum Private Wealth Management LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $503,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new position in SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter worth approximately $195,249,000. The Manufacturers Life Insurance Company purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter worth approximately $113,015,000. Strategic Financial Concepts LLC boosted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 42,602.7% during the fourth quarter. Strategic Financial Concepts LLC now owns 250,665 shares of the exchange traded fund’s stock worth $106,658,000 after buying an additional 250,078 shares in the last quarter. USA Financial Formulas boosted 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 acquiring an additional 187,099 shares in the last quarter. Finally, Quadrature Capital Ltd acquired a new position in SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter worth about $73,917,000. 37.11% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

SPDR Dow Jones Industrial Average ETF Trust stock opened at $430.47 on Thursday. The stock has a market capitalization of $36.89 billion, a PE ratio of 24.21 and a beta of 0.95. The business has a 50 day simple moving average of $436.79 and a 200-day simple moving average of $430.40. 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 business also recently declared a dividend, which was paid on Tuesday, February 18th. Investors of record on Friday, January 17th were paid a $0.1624 dividend. 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.