Beacon Capital Management LLC Has $33.88 Million Stock Position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Beacon Capital Management LLC decreased its holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 5.5% in the 4th quarter, HoldingsChannel reports. The firm owned 79,629 shares of the exchange traded fund’s stock after selling 4,600 shares during the quarter. SPDR Dow Jones Industrial Average ETF Trust makes up 4.4% of Beacon Capital Management LLC’s portfolio, making the stock its 7th largest holding. Beacon Capital Management LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $33,882,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of DIA. Creative Planning grew its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 1.9% in the third quarter. Creative Planning now owns 87,942 shares of the exchange traded fund’s stock worth $37,210,000 after purchasing an additional 1,609 shares in the last quarter. IFG Advisors LLC boosted its stake in SPDR Dow Jones Industrial Average ETF Trust by 0.3% during the third quarter. IFG Advisors LLC now owns 12,698 shares of the exchange traded fund’s stock valued at $5,373,000 after buying an additional 44 shares in the last quarter. Blue Trust Inc. boosted its stake in SPDR Dow Jones Industrial Average ETF Trust by 63.3% during the third quarter. Blue Trust Inc. now owns 787 shares of the exchange traded fund’s stock valued at $308,000 after buying an additional 305 shares in the last quarter. Foundations Investment Advisors LLC boosted its stake in SPDR Dow Jones Industrial Average ETF Trust by 1.3% during the third quarter. Foundations Investment Advisors LLC now owns 2,649 shares of the exchange traded fund’s stock valued at $1,121,000 after buying an additional 35 shares in the last quarter. Finally, Eastern Bank bought a new position in SPDR Dow Jones Industrial Average ETF Trust during the third quarter valued at about $722,000. Institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Down 0.3 %

Shares of DIA stock opened at $445.79 on Friday. The stock has a 50-day simple moving average of $436.33 and a 200 day simple moving average of $426.69. SPDR Dow Jones Industrial Average ETF Trust has a fifty-two week low of $376.14 and a fifty-two week high of $451.55.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The company also recently announced a dividend, which will be paid on Tuesday, February 18th. Investors of record on Friday, January 17th will be paid a dividend of $0.1624 per share. The ex-dividend date is Friday, January 17th.

SPDR Dow Jones Industrial Average ETF Trust 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.