AE Wealth Management LLC Decreases Stock Holdings in SPDR Dow Jones Industrial Average ETF Trust $DIA

AE Wealth Management LLC lessened its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 32.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,153 shares of the exchange traded fund’s stock after selling 6,452 shares during the period. AE Wealth Management LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $6,100,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. First Horizon Corp purchased a new position in SPDR Dow Jones Industrial Average ETF Trust in the third quarter worth $5,101,000. Calamos Wealth Management LLC acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the 2nd quarter worth $441,000. Stephens Inc. AR grew its stake in SPDR Dow Jones Industrial Average ETF Trust by 3.1% during the 2nd quarter. Stephens Inc. AR now owns 63,082 shares of the exchange traded fund’s stock worth $27,797,000 after buying an additional 1,881 shares during the last quarter. Benjamin Edwards Inc. increased its position in SPDR Dow Jones Industrial Average ETF Trust by 55.5% during the 3rd quarter. Benjamin Edwards Inc. now owns 3,629 shares of the exchange traded fund’s stock valued at $1,683,000 after buying an additional 1,295 shares in the last quarter. Finally, Melone Private Wealth LLC raised its stake in SPDR Dow Jones Industrial Average ETF Trust by 10.0% in the third quarter. Melone Private Wealth LLC now owns 31,198 shares of the exchange traded fund’s stock valued at $14,468,000 after buying an additional 2,840 shares during the last quarter. 37.11% of the stock is owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

Shares of DIA stock opened at $489.03 on Friday. SPDR Dow Jones Industrial Average ETF Trust has a fifty-two week low of $366.32 and a fifty-two week high of $496.34. The firm has a market capitalization of $43.54 billion, a price-to-earnings ratio of 22.20 and a beta of 0.91. The stock’s 50-day simple moving average is $484.89 and its 200-day simple moving average is $467.80.

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. Shareholders of record on Friday, January 16th will be given a dividend of $0.1786 per share. This represents a c) annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend is Friday, January 16th.

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.