QRG Capital Management Inc. Lowers Position in SPDR Dow Jones Industrial Average ETF Trust $DIA

QRG Capital Management Inc. trimmed its position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 81.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 714 shares of the exchange traded fund’s stock after selling 3,165 shares during the quarter. QRG Capital Management Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $331,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Bank of Nova Scotia bought a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 2nd quarter worth about $104,617,000. McElhenny Sheffield Capital Management LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust in the second quarter worth $45,828,000. Corient Private Wealth LLC grew its stake in SPDR Dow Jones Industrial Average ETF Trust by 105.7% in the 2nd quarter. Corient Private Wealth LLC now owns 131,160 shares of the exchange traded fund’s stock valued at $57,796,000 after purchasing an additional 67,399 shares during the period. JPMorgan Chase & Co. increased its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 14.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 495,852 shares of the exchange traded fund’s stock valued at $218,498,000 after purchasing an additional 64,314 shares during the last quarter. Finally, The Manufacturers Life Insurance Company bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter worth $26,516,000. Institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

DIA opened at $490.93 on Friday. The firm has a market cap of $45.26 billion, a P/E ratio of 22.20 and a beta of 0.91. The firm has a 50-day moving average of $482.02 and a 200 day moving average of $465.99. SPDR Dow Jones Industrial Average ETF Trust has a fifty-two week low of $366.32 and a fifty-two week high of $496.34.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

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

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.