SPDR Dow Jones Industrial Average ETF Trust $DIA Shares Sold by IFP Advisors Inc

IFP Advisors Inc decreased its holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 57.2% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,933 shares of the exchange traded fund’s stock after selling 9,255 shares during the quarter. IFP Advisors Inc’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $3,216,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. First Horizon Corp purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter worth $5,101,000. Ashton Thomas Private Wealth LLC lifted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 47.6% during the third quarter. Ashton Thomas Private Wealth LLC now owns 5,403 shares of the exchange traded fund’s stock valued at $2,513,000 after purchasing an additional 1,742 shares in the last quarter. Benjamin Edwards Inc. grew its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 55.5% in the third quarter. Benjamin Edwards Inc. now owns 3,629 shares of the exchange traded fund’s stock valued at $1,683,000 after purchasing an additional 1,295 shares during the period. Melone Private Wealth LLC grew its position in shares of 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 purchasing an additional 2,840 shares during the period. Finally, Bank of Nova Scotia purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the second quarter worth about $104,617,000. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Down 1.1%

DIA opened at $455.89 on Friday. The company has a market cap of $40.59 billion, a PE ratio of 22.20 and a beta of 0.91. SPDR Dow Jones Industrial Average ETF Trust has a twelve month low of $366.32 and a twelve month high of $505.30. The company has a 50-day moving average price of $487.61 and a 200 day moving average price of $477.04.

SPDR Dow Jones Industrial Average ETF Trust Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, April 13th. Shareholders of record on Friday, March 20th will be issued a dividend of $0.9937 per share. The ex-dividend date of this dividend is Friday, March 20th. This is an increase from SPDR Dow Jones Industrial Average ETF Trust’s previous monthly dividend of $0.61. This represents a c) dividend on an annualized basis and a dividend yield of 2.6%.

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.