Founders Capital Management Sells 70 Shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Founders Capital Management reduced its stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 3.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,832 shares of the exchange traded fund’s stock after selling 70 shares during the quarter. Founders Capital Management’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $475,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. FMR LLC increased its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 8.3% in the third quarter. FMR LLC now owns 25,024 shares of the exchange traded fund’s stock valued at $6,616,000 after buying an additional 1,913 shares in the last quarter. Renaissance Technologies LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the third quarter valued at approximately $1,983,000. The Manufacturers Life Insurance Company increased its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 8,654.0% in the third quarter. The Manufacturers Life Insurance Company now owns 178,406 shares of the exchange traded fund’s stock valued at $47,170,000 after buying an additional 176,368 shares in the last quarter. BRYN MAWR TRUST Co purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the third quarter valued at approximately $208,000. Finally, Great Lakes Advisors LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the third quarter valued at approximately $218,000.

SPDR Dow Jones Industrial Average ETF Trust stock opened at $258.44 on Friday. SPDR Dow Jones Industrial Average ETF Trust has a 12 month low of $216.97 and a 12 month high of $269.28.

The firm also recently disclosed a monthly dividend, which will be paid on Monday, May 13th. Stockholders of record on Monday, April 22nd will be given a $0.1576 dividend. This represents a $1.89 dividend on an annualized basis and a dividend yield of 0.73%. The ex-dividend date of this dividend is Thursday, April 18th.

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SPDR Dow Jones Industrial Average ETF Trust 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.

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Institutional Ownership by Quarter for SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

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