Wealth Enhancement Advisory Services LLC Has $52.82 Million Position in SPDR Dow Jones Industrial Average ETF Trust $DIA

Wealth Enhancement Advisory Services LLC lowered its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 2.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 113,353 shares of the exchange traded fund’s stock after selling 3,243 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $52,819,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the company. Elevation Point Wealth Partners LLC bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the second quarter worth $27,000. McIlrath & Eck LLC boosted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 454.5% during the second quarter. McIlrath & Eck LLC now owns 61 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 50 shares during the period. Hollencrest Capital Management grew its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 1,000.0% during the second quarter. Hollencrest Capital Management now owns 66 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 60 shares in the last quarter. Pineridge Advisors LLC acquired a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 2nd quarter valued at approximately $32,000. Finally, Trust Co. of Toledo NA OH bought a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 2nd quarter valued at approximately $41,000. Institutional investors and hedge funds own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

Shares of DIA traded down $7.40 during mid-day trading on Tuesday, hitting $486.02. 1,944,330 shares of the company’s stock were exchanged, compared to its average volume of 6,001,767. The company has a market cap of $44.39 billion, a PE ratio of 22.20 and a beta of 0.91. SPDR Dow Jones Industrial Average ETF Trust has a 52 week low of $366.32 and a 52 week high of $496.34. The company has a 50-day simple moving average of $480.99 and a 200 day simple moving average of $465.03.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

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