Stock Traders Buy High Volume of Call Options on SPDR Dow Jones Industrial Average ETF (DIA)

SPDR Dow Jones Industrial Average ETF (NYSE:DIA) saw unusually large options trading on Thursday. Stock traders purchased 23,279 call options on the stock. This is an increase of 227% compared to the average volume of 7,128 call options.

SPDR Dow Jones Industrial Average ETF (NYSE:DIA) traded down 0.35% during mid-day trading on Friday, reaching $216.53. The company had a trading volume of 4,468,542 shares. SPDR Dow Jones Industrial Average ETF has a 12-month low of $178.64 and a 12-month high of $221.68. The stock has a 50 day moving average price of $217.16 and a 200-day moving average price of $210.48.

The business also recently disclosed a monthly dividend, which will be paid on Monday, September 11th. Investors of record on Tuesday, August 22nd will be paid a dividend of $0.5288 per share. This represents a $6.35 dividend on an annualized basis and a dividend yield of 2.93%. This is a positive change from SPDR Dow Jones Industrial Average ETF’s previous monthly dividend of $0.24. The ex-dividend date is Friday, August 18th.

A number of institutional investors have recently made changes to their positions in DIA. Ameriprise Financial Inc. raised its position in shares of SPDR Dow Jones Industrial Average ETF by 6.2% in the second quarter. Ameriprise Financial Inc. now owns 317,789 shares of the company’s stock worth $67,650,000 after buying an additional 18,623 shares in the last quarter. Forward Management LLC purchased a new position in SPDR Dow Jones Industrial Average ETF during the second quarter worth about $50,291,000. Broadmark Asset Management LLC purchased a new position in SPDR Dow Jones Industrial Average ETF during the second quarter worth about $37,411,000. Bluefin Trading LLC purchased a new position in SPDR Dow Jones Industrial Average ETF during the second quarter worth about $25,884,000. Finally, Cambridge Investment Research Advisors Inc. boosted its position in SPDR Dow Jones Industrial Average ETF by 38.6% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 118,008 shares of the company’s stock worth $25,164,000 after buying an additional 32,836 shares during the last quarter.

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SPDR Dow Jones Industrial Average ETF Company Profile

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