SPDR Dow Jones Industrial Average ETF Trust $DIA is Benin Management CORP’s 6th Largest Position

Benin Management CORP trimmed its position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 4.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 26,015 shares of the exchange traded fund’s stock after selling 1,110 shares during the quarter. SPDR Dow Jones Industrial Average ETF Trust comprises about 2.8% of Benin Management CORP’s investment portfolio, making the stock its 6th biggest position. Benin Management CORP’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $12,502,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Elevation Point Wealth Partners LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter worth approximately $27,000. McIlrath & Eck LLC grew its holdings 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 grew its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 1,000.0% in the second 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 in the last quarter. Cornerstone Planning Group LLC bought a new stake in SPDR Dow Jones Industrial Average ETF Trust in the third quarter worth $32,000. Finally, Smartleaf Asset Management LLC bought a new stake in SPDR Dow Jones Industrial Average ETF Trust in the second quarter worth $42,000. 37.11% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Stock Up 0.6%

SPDR Dow Jones Industrial Average ETF Trust stock opened at $464.14 on Thursday. SPDR Dow Jones Industrial Average ETF Trust has a 52-week low of $366.32 and a 52-week high of $505.30. The firm’s fifty day moving average is $485.77 and its 200 day moving average is $477.36. The company has a market cap of $41.33 billion, a price-to-earnings ratio of 22.20 and a beta of 0.91.

SPDR Dow Jones Industrial Average ETF Trust Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, April 13th. Stockholders of record on Friday, March 20th will be issued a $0.9937 dividend. This is a boost from SPDR Dow Jones Industrial Average ETF Trust’s previous monthly dividend of $0.61. The ex-dividend date is Friday, March 20th. This represents a c) dividend on an annualized basis and a dividend yield of 2.6%.

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.