SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) Shares Sold by Tufton Capital Management

Tufton Capital Management lowered its stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 1.6% during the fourth quarter, Holdings Channel reports. The fund owned 8,826 shares of the exchange traded fund’s stock after selling 143 shares during the quarter. Tufton Capital Management’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $3,755,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. American Capital Advisory LLC boosted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 60.5% during the fourth quarter. American Capital Advisory LLC now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after acquiring an additional 26 shares during the last quarter. Crews Bank & Trust acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter valued at $53,000. FSA Wealth Management LLC acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the third quarter valued at $60,000. Truvestments Capital LLC acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter worth about $62,000. Finally, China Universal Asset Management Co. Ltd. acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter worth about $64,000. Institutional investors and hedge funds own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Trading Down 0.5 %

Shares of NYSEARCA:DIA opened at $432.35 on Friday. The stock’s 50-day moving average price is $436.71 and its two-hundred day moving average price is $429.34. SPDR Dow Jones Industrial Average ETF Trust has a 12-month low of $376.14 and a 12-month high of $451.55. The firm has a market cap of $37.05 billion, a price-to-earnings ratio of 24.21 and a beta of 0.95.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, February 18th. Shareholders of record on Friday, January 17th were paid a $0.1624 dividend. The ex-dividend date of this dividend was 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.