Asset Dedication LLC Sells 1,961 Shares of SPDR Dow Jones Industrial Average ETF Trust $DIA

Asset Dedication LLC decreased its position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 24.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,098 shares of the exchange traded fund’s stock after selling 1,961 shares during the period. Asset Dedication LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $2,828,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the company. Brighton Jones LLC raised its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 10.2% in the 4th quarter. Brighton Jones LLC now owns 12,054 shares of the exchange traded fund’s stock worth $5,129,000 after acquiring an additional 1,116 shares in the last quarter. Bison Wealth LLC lifted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 5.0% in the 4th quarter. Bison Wealth LLC now owns 2,483 shares of the exchange traded fund’s stock valued at $1,057,000 after purchasing an additional 118 shares during the period. Kingsview Wealth Management LLC boosted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 9.8% during the 2nd quarter. Kingsview Wealth Management LLC now owns 4,102 shares of the exchange traded fund’s stock valued at $1,808,000 after purchasing an additional 367 shares in the last quarter. Nomura Asset Management Co. Ltd. boosted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 41.4% during the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 1,062 shares of the exchange traded fund’s stock valued at $468,000 after purchasing an additional 311 shares in the last quarter. Finally, Rothschild Investment LLC grew its stake in SPDR Dow Jones Industrial Average ETF Trust by 9.9% during the second quarter. Rothschild Investment LLC now owns 2,375 shares of the exchange traded fund’s stock worth $1,047,000 after purchasing an additional 214 shares during the period. Institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

Shares of DIA stock opened at $470.90 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 stock has a 50 day simple moving average of $489.56 and a two-hundred day simple moving average of $477.26. The company has a market cap of $41.93 billion, a P/E ratio of 22.20 and a beta of 0.91.

SPDR Dow Jones Industrial Average ETF Trust Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, March 16th. Stockholders of record on Friday, February 20th were given a dividend of $0.6131 per share. This is a positive change from SPDR Dow Jones Industrial Average ETF Trust’s previous monthly dividend of $0.18. The ex-dividend date of this dividend was Friday, February 20th. This represents a c) annualized dividend and a dividend yield of 1.6%.

About SPDR Dow Jones Industrial Average ETF Trust

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.