Blair William & Co. IL Reduces Position in SPDR Dow Jones Industrial Average ETF Trust $DIA

Blair William & Co. IL decreased its holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 24.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 38,411 shares of the exchange traded fund’s stock after selling 12,470 shares during the period. Blair William & Co. IL’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $17,813,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of DIA. Elevation Point Wealth Partners LLC bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter valued at $27,000. McIlrath & Eck LLC grew its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 454.5% in the second quarter. McIlrath & Eck LLC now owns 61 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 50 shares in the last quarter. Hollencrest Capital Management raised its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 1,000.0% during the 2nd quarter. Hollencrest Capital Management now owns 66 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 60 shares during the period. Pineridge Advisors LLC purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter worth about $32,000. Finally, Cornerstone Planning Group LLC purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter worth about $32,000. 37.11% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Stock Down 1.0%

Shares of NYSEARCA DIA opened at $475.23 on Monday. The company has a market cap of $42.31 billion, a P/E ratio of 22.20 and a beta of 0.91. SPDR Dow Jones Industrial Average ETF Trust has a 52 week low of $366.32 and a 52 week high of $505.30. The business has a 50-day simple moving average of $491.40 and a two-hundred day simple moving average of $476.38.

SPDR Dow Jones Industrial Average ETF Trust Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, March 16th. Stockholders of record on Friday, February 20th will be issued a $0.6131 dividend. The ex-dividend date of this dividend is Friday, February 20th. This is a positive change from SPDR Dow Jones Industrial Average ETF Trust’s previous monthly dividend of $0.18. This represents a c) dividend on an annualized basis and a dividend yield of 1.5%.

About SPDR Dow Jones Industrial Average ETF Trust

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.