TrueWealth Advisors LLC Has $2.96 Million Stock Holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

TrueWealth Advisors LLC boosted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 1.1% during the fourth quarter, HoldingsChannel reports. The fund owned 6,964 shares of the exchange traded fund’s stock after purchasing an additional 74 shares during the quarter. SPDR Dow Jones Industrial Average ETF Trust comprises 1.0% of TrueWealth Advisors LLC’s holdings, making the stock its 21st largest position. TrueWealth Advisors LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $2,963,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DIA. Bull Oak Capital LLC bought a new stake in SPDR Dow Jones Industrial Average ETF Trust in the third quarter valued at approximately $33,000. Semmax Financial Advisors Inc. grew its holdings in SPDR Dow Jones Industrial Average ETF Trust by 1,880.0% in the second quarter. Semmax Financial Advisors Inc. now owns 99 shares of the exchange traded fund’s stock worth $40,000 after purchasing an additional 94 shares during the period. GAMMA Investing LLC bought a new stake in SPDR Dow Jones Industrial Average ETF Trust in the third quarter valued at $61,000. FSA Wealth Management LLC acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the third quarter valued at about $60,000. Finally, Truvestments Capital LLC bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter worth about $62,000. 37.11% of the stock is currently owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

Shares of SPDR Dow Jones Industrial Average ETF Trust stock opened at $434.72 on Friday. SPDR Dow Jones Industrial Average ETF Trust has a 52 week low of $371.36 and a 52 week high of $451.55. The stock has a 50 day moving average price of $435.72 and a two-hundred day moving average price of $420.18.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, February 18th. Investors of record on Friday, January 17th will be issued 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.