Samalin Investment Counsel LLC Grows Stock Position in SPDR Dow Jones Industrial Average ETF Trust $DIA

Samalin Investment Counsel LLC increased its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 91.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,386 shares of the exchange traded fund’s stock after acquiring an additional 1,137 shares during the period. Samalin Investment Counsel LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $1,106,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. First Horizon Corp bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the third quarter valued at approximately $5,101,000. Calamos Wealth Management LLC bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the 2nd quarter worth approximately $441,000. Stephens Inc. AR grew its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 3.1% in the 2nd quarter. Stephens Inc. AR now owns 63,082 shares of the exchange traded fund’s stock worth $27,797,000 after buying an additional 1,881 shares during the last quarter. Benjamin Edwards Inc. increased its position in SPDR Dow Jones Industrial Average ETF Trust by 55.5% during the 3rd quarter. Benjamin Edwards Inc. now owns 3,629 shares of the exchange traded fund’s stock valued at $1,683,000 after buying an additional 1,295 shares in the last quarter. Finally, Bank of Nova Scotia bought a new position in SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter valued at approximately $104,617,000. 37.11% of the stock is currently owned by institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Trading Down 1.7%

SPDR Dow Jones Industrial Average ETF Trust stock opened at $484.88 on Wednesday. SPDR Dow Jones Industrial Average ETF Trust has a 12 month low of $366.32 and a 12 month high of $496.34. The company has a market capitalization of $43.73 billion, a price-to-earnings ratio of 22.20 and a beta of 0.91. The business’s fifty day simple moving average is $481.10 and its two-hundred day simple moving average is $465.29.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, February 17th. Investors of record on Friday, January 16th will be paid a $0.1786 dividend. The ex-dividend date is Friday, January 16th. This represents a c) dividend on an annualized basis and a yield of 0.4%.

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.