AIA Group Ltd Reduces Position in SPDR Dow Jones Industrial Average ETF Trust $DIA

AIA Group Ltd reduced its position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 9.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 118,015 shares of the exchange traded fund’s stock after selling 12,355 shares during the quarter. SPDR Dow Jones Industrial Average ETF Trust accounts for approximately 1.0% of AIA Group Ltd’s holdings, making the stock its 17th biggest holding. AIA Group Ltd owned approximately 0.13% of SPDR Dow Jones Industrial Average ETF Trust worth $54,728,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Allworth Financial LP boosted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 3.6% during the 3rd quarter. Allworth Financial LP now owns 41,485 shares of the exchange traded fund’s stock valued at $19,238,000 after acquiring an additional 1,452 shares during the period. Capital Square LLC purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust in the third quarter worth $206,000. CIBC Bancorp USA Inc. bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the third quarter worth $4,454,000. Chartist Inc. CA bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the third quarter worth $28,575,000. Finally, Captrust Financial Advisors boosted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 1.1% during the third quarter. Captrust Financial Advisors now owns 165,107 shares of the exchange traded fund’s stock valued at $76,566,000 after purchasing an additional 1,772 shares during the period. Institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Trading Down 1.7%

NYSEARCA DIA opened at $463.00 on Thursday. The stock has a market cap of $41.23 billion, a PE ratio of 22.20 and a beta of 0.91. SPDR Dow Jones Industrial Average ETF Trust has a 12 month low of $366.32 and a 12 month high of $505.30. The company’s 50-day moving average price is $489.02 and its 200-day moving average price is $477.16.

SPDR Dow Jones Industrial Average ETF Trust Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, March 16th. Shareholders of record on Friday, February 20th were paid a $0.6131 dividend. The ex-dividend date was Friday, February 20th. This represents a c) dividend on an annualized basis and a yield of 1.6%. This is an increase from SPDR Dow Jones Industrial Average ETF Trust’s previous monthly dividend of $0.18.

SPDR Dow Jones Industrial Average ETF Trust Company 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.