Northern Financial Advisors Inc Has $4.62 Million Stock Position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Northern Financial Advisors Inc lowered its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 11.0% during the 4th quarter, HoldingsChannel reports. The fund owned 10,851 shares of the exchange traded fund’s stock after selling 1,340 shares during the period. SPDR Dow Jones Industrial Average ETF Trust accounts for approximately 3.7% of Northern Financial Advisors Inc’s portfolio, making the stock its 3rd biggest holding. Northern Financial Advisors Inc’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $4,617,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of DIA. MFG Wealth Management Inc. bought a new stake in SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter worth $1,660,000. Marks Group Wealth Management Inc grew its position in SPDR Dow Jones Industrial Average ETF Trust by 51.3% during the 4th quarter. Marks Group Wealth Management Inc now owns 1,342 shares of the exchange traded fund’s stock valued at $571,000 after purchasing an additional 455 shares during the last quarter. Kentucky Trust Co purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter valued at about $138,000. Capital Advisors Inc. OK increased its stake in SPDR Dow Jones Industrial Average ETF Trust by 2.9% during the 4th quarter. Capital Advisors Inc. OK now owns 1,722 shares of the exchange traded fund’s stock valued at $733,000 after purchasing an additional 49 shares in the last quarter. Finally, Capital Wealth Alliance LLC raised its holdings in SPDR Dow Jones Industrial Average ETF Trust by 2.7% in the fourth quarter. Capital Wealth Alliance LLC now owns 8,822 shares of the exchange traded fund’s stock worth $3,754,000 after buying an additional 229 shares during the last quarter. Institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Trading Up 0.8 %

NYSEARCA:DIA opened at $447.26 on Friday. The company’s 50 day moving average price is $436.39 and its 200-day moving average price is $426.27. 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 announced a dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Friday, January 17th will be paid a dividend of $0.1624 per share. The ex-dividend date is 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.