Lowery Thomas LLC Cuts Position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Lowery Thomas LLC decreased its position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 1.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,581 shares of the exchange traded fund’s stock after selling 74 shares during the quarter. SPDR Dow Jones Industrial Average ETF Trust accounts for about 1.5% of Lowery Thomas LLC’s holdings, making the stock its 21st biggest holding. Lowery Thomas LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $2,375,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. CHURCHILL MANAGEMENT Corp lifted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 0.8% during the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 537,885 shares of the exchange traded fund’s stock worth $228,870,000 after purchasing an additional 4,029 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter worth about $195,249,000. SG Americas Securities LLC boosted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 76.1% during the 4th quarter. SG Americas Securities LLC now owns 309,911 shares of the exchange traded fund’s stock worth $131,867,000 after acquiring an additional 133,961 shares in the last quarter. Private Advisor Group LLC increased its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 106.1% in the 4th quarter. Private Advisor Group LLC now owns 281,782 shares of the exchange traded fund’s stock valued at $119,900,000 after acquiring an additional 145,050 shares during the last quarter. Finally, The Manufacturers Life Insurance Company purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter valued at about $113,015,000. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Up 0.6 %

DIA stock opened at $428.26 on Monday. The business has a 50 day moving average price of $436.61 and a 200 day moving average price of $430.81. The stock has a market cap of $36.70 billion, a price-to-earnings ratio of 24.21 and a beta of 0.95. SPDR Dow Jones Industrial Average ETF Trust has a fifty-two week low of $376.14 and a fifty-two week high of $451.55.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, February 18th. Stockholders of record on Friday, January 17th were given a dividend of $0.1624 per share. The ex-dividend date was Friday, January 17th.

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.