SPDR Dow Jones Industrial Average ETF Trust $DIA Shares Sold by Pinnacle Financial Partners Inc

Pinnacle Financial Partners Inc trimmed its position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 48.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,484 shares of the exchange traded fund’s stock after selling 19,075 shares during the quarter. Pinnacle Financial Partners Inc’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $9,499,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Stonebridge Financial Group LLC increased its position in SPDR Dow Jones Industrial Average ETF Trust by 1.8% during the 3rd quarter. Stonebridge Financial Group LLC now owns 1,275 shares of the exchange traded fund’s stock worth $591,000 after purchasing an additional 22 shares during the period. Centennial Wealth Advisory LLC boosted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 4.5% in the third quarter. Centennial Wealth Advisory LLC now owns 507 shares of the exchange traded fund’s stock valued at $235,000 after buying an additional 22 shares in the last quarter. Daymark Wealth Partners LLC boosted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 1.1% in the second quarter. Daymark Wealth Partners LLC now owns 2,051 shares of the exchange traded fund’s stock valued at $904,000 after buying an additional 23 shares in the last quarter. Abound Wealth Management grew its holdings in SPDR Dow Jones Industrial Average ETF Trust by 9.5% during the third quarter. Abound Wealth Management now owns 266 shares of the exchange traded fund’s stock worth $124,000 after acquiring an additional 23 shares during the period. Finally, Valmark Advisers Inc. raised its position in SPDR Dow Jones Industrial Average ETF Trust by 0.6% in the third quarter. Valmark Advisers Inc. now owns 3,679 shares of the exchange traded fund’s stock worth $1,706,000 after acquiring an additional 23 shares in 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

SPDR Dow Jones Industrial Average ETF Trust stock opened at $493.42 on Friday. The company has a market cap of $45.07 billion, a P/E ratio of 22.20 and a beta of 0.91. SPDR Dow Jones Industrial Average ETF Trust has a one year low of $366.32 and a one year high of $496.34. The business has a fifty day moving average of $480.60 and a two-hundred day moving average of $464.57.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, February 17th. Investors of record on Friday, January 16th will be issued a dividend of $0.1786 per share. The ex-dividend date of this dividend is Friday, January 16th. This represents a c) dividend on an annualized basis and a yield of 0.4%.

SPDR Dow Jones Industrial Average ETF Trust Company 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.