Pineridge Advisors LLC Acquires 51 Shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Pineridge Advisors LLC boosted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 16.8% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 355 shares of the exchange traded fund’s stock after buying an additional 51 shares during the quarter. Pineridge Advisors LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $151,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in DIA. Ocean Park Asset Management LLC grew its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 0.4% during the 4th quarter. Ocean Park Asset Management LLC now owns 42,455 shares of the exchange traded fund’s stock valued at $18,065,000 after acquiring an additional 163 shares during the period. Equitable Trust Co. purchased a new position in SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter valued at $2,402,000. Wingate Wealth Advisors Inc. bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter valued at about $299,000. Comprehensive Financial Planning Inc. PA purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter worth about $71,000. Finally, Ferguson Wellman Capital Management Inc. raised its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 122.7% in the fourth quarter. Ferguson Wellman Capital Management Inc. now owns 1,501 shares of the exchange traded fund’s stock worth $639,000 after buying an additional 827 shares during the period. 37.11% of the stock is owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Trading Up 0.4 %

Shares of NYSEARCA:DIA opened at $444.78 on Tuesday. The stock has a 50 day moving average of $436.65 and a 200 day moving average of $425.54. 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 company also recently declared a dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Friday, January 17th will be given 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.