Short Interest in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) Declines By 12.5%

SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) was the recipient of a significant decrease in short interest in January. As of January 15th, there was short interest totaling 3,659,216 shares, a decrease of 12.5% from the December 31st total of 4,182,940 shares. Approximately 4.0% of the company’s stock are sold short. Based on an average daily volume of 6,578,636 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily volume of 6,578,636 shares, the days-to-cover ratio is presently 0.6 days. Approximately 4.0% of the company’s stock are sold short.

Hedge Funds Weigh In On SPDR Dow Jones Industrial Average ETF Trust

Large investors have recently bought and sold shares of the stock. Milestones Private Investment Advisors LLC lifted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 1.3% in the 4th quarter. Milestones Private Investment Advisors LLC now owns 1,613 shares of the exchange traded fund’s stock valued at $775,000 after purchasing an additional 21 shares during the last quarter. Stonebridge Financial Group LLC increased its position in SPDR Dow Jones Industrial Average ETF Trust by 1.8% during the third quarter. Stonebridge Financial Group LLC now owns 1,275 shares of the exchange traded fund’s stock worth $591,000 after buying an additional 22 shares during the period. Centennial Wealth Advisory LLC lifted its stake in SPDR Dow Jones Industrial Average ETF Trust by 4.5% in the third quarter. Centennial Wealth Advisory LLC now owns 507 shares of the exchange traded fund’s stock valued at $235,000 after buying an additional 22 shares during the last quarter. DAVENPORT & Co LLC boosted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 0.4% in the fourth quarter. DAVENPORT & Co LLC now owns 5,445 shares of the exchange traded fund’s stock valued at $2,617,000 after acquiring an additional 22 shares during the period. Finally, Daymark Wealth Partners LLC grew its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 1.1% during the second quarter. Daymark Wealth Partners LLC now owns 2,051 shares of the exchange traded fund’s stock worth $904,000 after acquiring an additional 23 shares during the last quarter. Institutional investors and hedge funds own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Up 1.0%

Shares of SPDR Dow Jones Industrial Average ETF Trust stock opened at $494.03 on Tuesday. SPDR Dow Jones Industrial Average ETF Trust has a 52 week low of $366.32 and a 52 week high of $496.34. The firm’s 50 day moving average is $485.48 and its two-hundred day moving average is $468.32. The firm has a market capitalization of $44.11 billion, a P/E ratio of 22.20 and a beta of 0.91.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, February 17th. Investors of record on Friday, January 16th will be paid a dividend of $0.1786 per share. This represents a c) annualized dividend and a yield of 0.4%. The ex-dividend date is Friday, January 16th.

SPDR Dow Jones Industrial Average ETF Trust Company Profile

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.