Bank of Montreal Can Sells 27,068 Shares of SPDR Dow Jones Industrial Average ETF Trust $DIA

Bank of Montreal Can lessened its stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 4.3% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 601,102 shares of the exchange traded fund’s stock after selling 27,068 shares during the period. Bank of Montreal Can owned 0.67% of SPDR Dow Jones Industrial Average ETF Trust worth $278,755,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Elevation Point Wealth Partners LLC bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter worth approximately $27,000. McIlrath & Eck LLC increased its stake 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 worth $27,000 after purchasing an additional 50 shares in the last quarter. Hollencrest Capital Management raised its position 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. Cornerstone Planning Group LLC purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter valued at $32,000. Finally, Pineridge Advisors LLC purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter valued at $32,000. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

Shares of SPDR Dow Jones Industrial Average ETF Trust stock opened at $477.70 on Wednesday. SPDR Dow Jones Industrial Average ETF Trust has a fifty-two week low of $366.32 and a fifty-two week high of $505.30. The company has a market capitalization of $42.53 billion, a P/E ratio of 22.20 and a beta of 0.91. The company has a fifty day moving average of $491.15 and a 200 day moving average of $476.74.

SPDR Dow Jones Industrial Average ETF Trust Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 16th. Stockholders of record on Friday, February 20th will be given a $0.6131 dividend. The ex-dividend date 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) annualized dividend and a dividend yield of 1.5%.

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.