Sherman Porfolios LLC Cuts Holdings in SPDR Dow Jones Industrial Average ETF Trust $DIA

Sherman Porfolios LLC lowered its position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 54.1% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,639 shares of the exchange traded fund’s stock after selling 3,109 shares during the period. SPDR Dow Jones Industrial Average ETF Trust comprises approximately 0.4% of Sherman Porfolios LLC’s investment portfolio, making the stock its 19th biggest position. Sherman Porfolios LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $1,224,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of DIA. Brighton Jones LLC boosted its position in SPDR Dow Jones Industrial Average ETF Trust by 10.2% during the fourth quarter. Brighton Jones LLC now owns 12,054 shares of the exchange traded fund’s stock worth $5,129,000 after purchasing an additional 1,116 shares in the last quarter. Bison Wealth LLC grew its holdings in SPDR Dow Jones Industrial Average ETF Trust by 5.0% in the fourth quarter. Bison Wealth LLC now owns 2,483 shares of the exchange traded fund’s stock valued at $1,057,000 after purchasing an additional 118 shares during the period. Kingsview Wealth Management LLC increased its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 9.8% in the second quarter. Kingsview Wealth Management LLC now owns 4,102 shares of the exchange traded fund’s stock valued at $1,808,000 after buying an additional 367 shares in the last quarter. Nomura Asset Management Co. Ltd. increased its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 41.4% in the second quarter. Nomura Asset Management Co. Ltd. now owns 1,062 shares of the exchange traded fund’s stock valued at $468,000 after buying an additional 311 shares in the last quarter. Finally, Pineridge Advisors LLC acquired a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter worth approximately $32,000. 37.11% of the stock is currently owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

Shares of NYSEARCA:DIA opened at $463.00 on Thursday. SPDR Dow Jones Industrial Average ETF Trust has a 1 year low of $366.32 and a 1 year high of $505.30. The firm has a market capitalization of $41.23 billion, a price-to-earnings ratio of 22.20 and a beta of 0.91. The business’s 50 day moving average price is $489.02 and its 200-day moving average price is $477.16.

SPDR Dow Jones Industrial Average ETF Trust Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, March 16th. Shareholders of record on Friday, February 20th were given a dividend of $0.6131 per share. This is a boost from SPDR Dow Jones Industrial Average ETF Trust’s previous monthly dividend of $0.18. This represents a c) dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Friday, February 20th.

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.