LexAurum Advisors LLC Trims Holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

LexAurum Advisors LLC reduced its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 11.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,854 shares of the exchange traded fund’s stock after selling 251 shares during the quarter. LexAurum Advisors LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $789,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Bull Oak Capital LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the third quarter valued at about $33,000. FSA Wealth Management LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter valued at approximately $60,000. GAMMA Investing LLC acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter worth approximately $61,000. Truvestments Capital LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter valued at approximately $62,000. Finally, China Universal Asset Management Co. Ltd. acquired a new position in SPDR Dow Jones Industrial Average ETF Trust in the third quarter valued at approximately $64,000. 37.11% of the stock is owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

DIA stock opened at $445.38 on Friday. SPDR Dow Jones Industrial Average ETF Trust has a 52-week low of $376.14 and a 52-week high of $451.55. The business has a fifty day moving average of $435.50 and a two-hundred day moving average of $421.63.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, February 18th. Investors of record on Friday, January 17th will be given a dividend of $0.1624 per share. 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.