SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lowered its stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 6.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 267,079 shares of the exchange traded fund’s stock after selling 18,687 shares during the quarter. Envestnet Asset Management Inc. owned about 0.31% of SPDR Dow Jones Industrial Average ETF Trust worth $113,642,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in DIA. American Capital Advisory LLC grew its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 60.5% in the 4th quarter. American Capital Advisory LLC now owns 69 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 26 shares during the last quarter. Nemes Rush Group LLC acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter worth $50,000. Crews Bank & Trust purchased a new position in SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter valued at $53,000. NewSquare Capital LLC increased its stake in SPDR Dow Jones Industrial Average ETF Trust by 432.0% in the 4th quarter. NewSquare Capital LLC now owns 133 shares of the exchange traded fund’s stock valued at $57,000 after buying an additional 108 shares during the period. Finally, Halbert Hargrove Global Advisors LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter worth $59,000. Institutional investors and hedge funds own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

DIA stock opened at $379.57 on Tuesday. The stock has a market capitalization of $33.51 billion, a PE ratio of 23.00 and a beta of 0.91. The company has a fifty day moving average of $429.82 and a 200-day moving average of $431.16. SPDR Dow Jones Industrial Average ETF Trust has a one year low of $366.32 and a one year high of $451.55.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

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