Envestnet Portfolio Solutions Inc. Has $1.19 Million Stock Position in SPDR Dow Jones Industrial Average ETF Trust $DIA

Envestnet Portfolio Solutions Inc. cut its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 41.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,569 shares of the exchange traded fund’s stock after selling 1,843 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $1,191,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. Brighton Jones LLC lifted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 10.2% in the fourth quarter. Brighton Jones LLC now owns 12,054 shares of the exchange traded fund’s stock valued at $5,129,000 after buying an additional 1,116 shares during the period. Bison Wealth LLC raised its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 5.0% during the 4th quarter. Bison Wealth LLC now owns 2,483 shares of the exchange traded fund’s stock valued at $1,057,000 after acquiring an additional 118 shares during the last quarter. Park Avenue Securities LLC raised its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 39.9% during the 2nd quarter. Park Avenue Securities LLC now owns 1,164 shares of the exchange traded fund’s stock valued at $513,000 after acquiring an additional 332 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 30.4% in the 2nd quarter. GAMMA Investing LLC now owns 365 shares of the exchange traded fund’s stock valued at $161,000 after purchasing an additional 85 shares during the period. Finally, Sound Income Strategies LLC lifted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 45.5% in the 2nd quarter. Sound Income Strategies LLC now owns 1,615 shares of the exchange traded fund’s stock valued at $712,000 after purchasing an additional 505 shares during the period. Institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Down 0.8%

Shares of SPDR Dow Jones Industrial Average ETF Trust stock opened at $490.06 on Wednesday. SPDR Dow Jones Industrial Average ETF Trust has a 12 month low of $366.32 and a 12 month high of $496.34. The business has a fifty day simple moving average of $483.15 and a 200 day simple moving average of $466.97. The stock has a market cap of $45.33 billion, a PE ratio of 22.20 and a beta of 0.91.

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) annualized dividend and a dividend yield of 0.4%. The ex-dividend date 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.