SOL Capital Management CO Cuts Stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

SOL Capital Management CO lessened its holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 2.5% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,930 shares of the exchange traded fund’s stock after selling 50 shares during the period. SOL Capital Management CO’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $821,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. International Assets Investment Management LLC boosted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 42,971.1% in the third 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 purchasing an additional 3,394,290 shares during the period. The Manufacturers Life Insurance Company acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter valued at about $113,015,000. USA Financial Formulas boosted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 7,978.6% in the 4th quarter. USA Financial Formulas now owns 189,444 shares of the exchange traded fund’s stock valued at $80,608,000 after buying an additional 187,099 shares during the period. Quadrature Capital Ltd acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the third quarter worth about $73,917,000. Finally, SG Americas Securities LLC grew its holdings in SPDR Dow Jones Industrial Average ETF Trust by 76.1% during the 4th quarter. SG Americas Securities LLC now owns 309,911 shares of the exchange traded fund’s stock worth $131,867,000 after acquiring an additional 133,961 shares in the last quarter. 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 $445.39 on Friday. The company’s 50 day moving average is $436.86 and its two-hundred day moving average is $423.56. 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 firm also recently declared a dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Friday, January 17th will be paid a $0.1624 dividend. 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.