Bank of New York Mellon Corp Has $26.39 Million Stock Position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Bank of New York Mellon Corp cut its holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 7.4% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 62,024 shares of the exchange traded fund’s stock after selling 4,962 shares during the period. Bank of New York Mellon Corp owned approximately 0.07% of SPDR Dow Jones Industrial Average ETF Trust worth $26,391,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of DIA. American Capital Advisory LLC raised its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 60.5% during the 4th quarter. American Capital Advisory LLC now owns 69 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 26 shares in the last quarter. Crews Bank & Trust acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter worth approximately $53,000. FSA Wealth Management LLC bought a new stake in SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter valued at about $60,000. Truvestments Capital LLC bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter valued at $62,000. Finally, Kestra Investment Management LLC bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter worth $69,000. 37.11% of the stock is owned by institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Stock Up 0.6 %

Shares of NYSEARCA DIA opened at $428.26 on Monday. The company has a market capitalization of $36.70 billion, a PE ratio of 24.21 and a beta of 0.95. The stock’s 50 day moving average price is $436.61 and its 200-day moving average price is $430.81. SPDR Dow Jones Industrial Average ETF Trust has a twelve month low of $376.14 and a twelve month high of $451.55.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, February 18th. Stockholders of record on Friday, January 17th were issued a $0.1624 dividend. The ex-dividend date was Friday, January 17th.

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.