Alpha Cubed Investments LLC Boosts Stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Alpha Cubed Investments LLC increased its stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 98.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,272 shares of the exchange traded fund’s stock after buying an additional 632 shares during the quarter. Alpha Cubed Investments LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $541,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in DIA. Bull Oak Capital LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter worth approximately $33,000. Semmax Financial Advisors Inc. increased its stake in shares of 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 acquiring an additional 94 shares during the period. GAMMA Investing LLC purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the third quarter worth $61,000. FSA Wealth Management LLC purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the third quarter worth $60,000. Finally, Truvestments Capital LLC acquired a new position in SPDR Dow Jones Industrial Average ETF Trust during the third quarter valued at $62,000. 37.11% of the stock is owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

SPDR Dow Jones Industrial Average ETF Trust stock opened at $434.72 on Tuesday. The stock’s 50 day simple moving average is $435.45 and its two-hundred day simple moving average is $421.17. SPDR Dow Jones Industrial Average ETF Trust has a 12 month low of $371.36 and a 12 month high of $451.55.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Friday, January 17th will be given a dividend of $0.1624 per share. The ex-dividend date 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.