Ameritas Advisory Services LLC Buys 12,406 Shares of SPDR Dow Jones Industrial Average ETF Trust $DIA

Ameritas Advisory Services LLC lifted its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 120.0% in the 3rd quarter, Holdings Channel.com reports. The firm owned 22,747 shares of the exchange traded fund’s stock after buying an additional 12,406 shares during the quarter. SPDR Dow Jones Industrial Average ETF Trust makes up 0.7% of Ameritas Advisory Services LLC’s holdings, making the stock its 28th largest holding. Ameritas Advisory Services LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $10,549,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its stake in SPDR Dow Jones Industrial Average ETF Trust by 14.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 495,852 shares of the exchange traded fund’s stock valued at $218,498,000 after purchasing an additional 64,314 shares in the last quarter. Raymond James Financial Inc. lifted its stake in shares of 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 worth $190,949,000 after buying an additional 8,669 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of 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 buying an additional 1,668 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 3.1% during the second quarter. Envestnet Asset Management Inc. now owns 266,751 shares of the exchange traded fund’s stock valued at $117,544,000 after acquiring an additional 7,927 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 5.9% during the second quarter. Commonwealth Equity Services LLC now owns 260,501 shares of the exchange traded fund’s stock valued at $114,790,000 after acquiring an additional 14,621 shares in the last quarter. Institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Down 1.3%

Shares of NYSEARCA DIA opened at $494.67 on Friday. The firm has a market cap of $44.05 billion, a P/E ratio of 22.20 and a beta of 0.91. SPDR Dow Jones Industrial Average ETF Trust has a twelve month low of $366.32 and a twelve month high of $505.30. The company has a 50 day moving average of $488.92 and a 200 day moving average of $470.83.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The firm also recently declared 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. The ex-dividend date is Friday, January 16th. This represents a c) annualized dividend and a dividend yield of 0.4%.

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.