AlphaStar Capital Management LLC bought a new position in shares of SPDR Dow Jones Industrial Average ETF (NYSEARCA:DIA) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,692 shares of the exchange traded fund’s stock, valued at approximately $602,000.

A number of other institutional investors also recently bought and sold shares of DIA. Cadinha & Co. LLC lifted its holdings in SPDR Dow Jones Industrial Average ETF by 4,964.0% during the third quarter. Cadinha & Co. LLC now owns 90,798 shares of the exchange traded fund’s stock worth $20,322,000 after buying an additional 89,005 shares during the period. B. Riley Financial Inc. lifted its holdings in SPDR Dow Jones Industrial Average ETF by 941.4% during the third quarter. B. Riley Financial Inc. now owns 26,992 shares of the exchange traded fund’s stock worth $6,041,000 after buying an additional 24,400 shares during the period. Kalos Management Inc. purchased a new stake in SPDR Dow Jones Industrial Average ETF during the third quarter worth $3,049,000. First Allied Advisory Services Inc. lifted its holdings in SPDR Dow Jones Industrial Average ETF by 113.1% during the third quarter. First Allied Advisory Services Inc. now owns 25,119 shares of the exchange traded fund’s stock worth $5,623,000 after buying an additional 13,331 shares during the period. Finally, Private Advisor Group LLC lifted its holdings in SPDR Dow Jones Industrial Average ETF by 13.1% during the third quarter. Private Advisor Group LLC now owns 71,127 shares of the exchange traded fund’s stock worth $16,177,000 after buying an additional 8,236 shares during the period.

In other news, Director Mark Edward Thompson sold 1,000,000 shares of the stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of $0.06, for a total transaction of $60,000.00.

SPDR Dow Jones Industrial Average ETF (NYSEARCA:DIA) traded up $0.40 during trading on Monday, reaching $244.02. The company’s stock had a trading volume of 2,704,300 shares, compared to its average volume of 2,950,957. SPDR Dow Jones Industrial Average ETF has a one year low of $196.37 and a one year high of $245.57.

The firm also recently disclosed a monthly dividend, which will be paid on Monday, December 11th. Stockholders of record on Monday, November 20th will be issued a dividend of $0.5618 per share. This represents a $6.74 annualized dividend and a dividend yield of 2.76%. The ex-dividend date of this dividend is Friday, November 17th. This is a positive change from SPDR Dow Jones Industrial Average ETF’s previous monthly dividend of $0.17. SPDR Dow Jones Industrial Average ETF’s dividend payout ratio is currently 59.08%.

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SPDR Dow Jones Industrial Average ETF Profile

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

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