Beacon Capital Management LLC Has $21.24 Million Position in SPDR Dow Jones Industrial Average ETF Trust $DIA

Beacon Capital Management LLC decreased its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 15.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 45,799 shares of the exchange traded fund’s stock after selling 8,275 shares during the period. SPDR Dow Jones Industrial Average ETF Trust makes up about 3.0% of Beacon Capital Management LLC’s holdings, making the stock its 7th largest holding. Beacon Capital Management LLC owned 0.05% of SPDR Dow Jones Industrial Average ETF Trust worth $21,239,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in DIA. JPMorgan Chase & Co. grew its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 14.9% during the second quarter. JPMorgan Chase & Co. now owns 495,852 shares of the exchange traded fund’s stock worth $218,498,000 after purchasing an additional 64,314 shares in the last quarter. Raymond James Financial Inc. raised its stake in SPDR Dow Jones Industrial Average ETF Trust by 2.0% in the second quarter. Raymond James Financial Inc. now owns 433,334 shares of the exchange traded fund’s stock valued at $190,949,000 after purchasing an additional 8,669 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in SPDR Dow Jones Industrial Average ETF Trust by 0.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 281,398 shares of the exchange traded fund’s stock valued at $123,998,000 after purchasing an additional 1,668 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in SPDR Dow Jones Industrial Average ETF Trust by 3.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 266,751 shares of the exchange traded fund’s stock worth $117,544,000 after buying an additional 7,927 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 5.9% in the 2nd quarter. Commonwealth Equity Services LLC now owns 260,501 shares of the exchange traded fund’s stock worth $114,790,000 after buying an additional 14,621 shares during the last quarter. 37.11% of the stock is currently owned by institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

Shares of NYSEARCA:DIA opened at $495.28 on Tuesday. The firm has a market capitalization of $44.10 billion, a PE 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 firm has a fifty day moving average of $489.57 and a 200 day moving average of $471.89.

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 paid a $0.1786 dividend. 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 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.