Investors Buy Shares of SPDR Dow Jones Industrial Average ETF Trust (DIA) on Weakness

Traders bought shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) on weakness during trading hours on Thursday. $242.64 million flowed into the stock on the tick-up and $212.95 million flowed out of the stock on the tick-down, for a money net flow of $29.69 million into the stock. Of all companies tracked, SPDR Dow Jones Industrial Average ETF Trust had the 29th highest net in-flow for the day. SPDR Dow Jones Industrial Average ETF Trust traded down ($0.64) for the day and closed at $255.16

The firm also recently declared a monthly dividend, which was paid on Monday, February 11th. Shareholders of record on Tuesday, January 22nd were issued a dividend of $0.1739 per share. This represents a $2.09 dividend on an annualized basis and a yield of 0.82%. The ex-dividend date of this dividend was Friday, January 18th.

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A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Morgan Stanley lifted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 17.9% during the 3rd quarter. Morgan Stanley now owns 3,618,999 shares of the exchange traded fund’s stock worth $956,863,000 after buying an additional 548,849 shares during the last quarter. Bank of Montreal Can lifted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 1,199.5% during the 4th quarter. Bank of Montreal Can now owns 1,591,817 shares of the exchange traded fund’s stock worth $371,211,000 after buying an additional 1,469,323 shares during the last quarter. Mizuho Securities USA LLC lifted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 15.6% during the 3rd quarter. Mizuho Securities USA LLC now owns 882,345 shares of the exchange traded fund’s stock worth $233,254,000 after buying an additional 118,794 shares during the last quarter. Rehmann Capital Advisory Group lifted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 25,193.0% during the 3rd quarter. Rehmann Capital Advisory Group now owns 840,234 shares of the exchange traded fund’s stock worth $3,177,000 after buying an additional 836,912 shares during the last quarter. Finally, Mizuho Bank Ltd. purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter worth about $105,760,000.

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SPDR Dow Jones Industrial Average ETF Trust Company Profile (NYSEARCA:DIA)

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.

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