Money Concepts Capital Corp Sells 1,015 Shares of SPDR Dow Jones Industrial Average ETF Trust $DIA

Money Concepts Capital Corp trimmed its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 19.9% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 4,074 shares of the exchange traded fund’s stock after selling 1,015 shares during the period. Money Concepts Capital Corp’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $1,889,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Stonebridge Financial Group LLC boosted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 1.8% during the 3rd quarter. Stonebridge Financial Group LLC now owns 1,275 shares of the exchange traded fund’s stock valued at $591,000 after acquiring an additional 22 shares during the period. Centennial Wealth Advisory LLC lifted its position in SPDR Dow Jones Industrial Average ETF Trust by 4.5% in the third quarter. Centennial Wealth Advisory LLC now owns 507 shares of the exchange traded fund’s stock valued at $235,000 after purchasing an additional 22 shares during the last quarter. Daymark Wealth Partners LLC boosted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 1.1% during the second quarter. Daymark Wealth Partners LLC now owns 2,051 shares of the exchange traded fund’s stock valued at $904,000 after purchasing an additional 23 shares during the period. Abound Wealth Management grew its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 9.5% in the third quarter. Abound Wealth Management now owns 266 shares of the exchange traded fund’s stock worth $124,000 after purchasing an additional 23 shares during the last quarter. Finally, Valmark Advisers Inc. lifted its stake in SPDR Dow Jones Industrial Average ETF Trust by 0.6% in the third quarter. Valmark Advisers Inc. now owns 3,679 shares of the exchange traded fund’s stock worth $1,706,000 after acquiring an additional 23 shares during the period. 37.11% of the stock is owned by institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Trading Up 1.0%

Shares of SPDR Dow Jones Industrial Average ETF Trust stock opened at $494.03 on Tuesday. 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 cap of $44.11 billion, a P/E ratio of 22.20 and a beta of 0.91. The company’s fifty day simple moving average is $485.48 and its two-hundred day simple moving average is $468.32.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, February 17th. Shareholders of record on Friday, January 16th will be issued a $0.1786 dividend. The ex-dividend date is Friday, January 16th. This represents a c) annualized dividend 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.