Melone Private Wealth LLC Sells 19,996 Shares of SPDR Dow Jones Industrial Average ETF Trust $DIA

Melone Private Wealth LLC cut its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 64.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 11,202 shares of the exchange traded fund’s stock after selling 19,996 shares during the period. SPDR Dow Jones Industrial Average ETF Trust accounts for 2.3% of Melone Private Wealth LLC’s portfolio, making the stock its 18th biggest position. Melone Private Wealth LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $5,383,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Focus Partners Wealth lifted its stake in SPDR Dow Jones Industrial Average ETF Trust by 1,118.2% in the third quarter. Focus Partners Wealth now owns 574,858 shares of the exchange traded fund’s stock worth $266,593,000 after acquiring an additional 527,669 shares during the period. Two Sigma Investments LP boosted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 9,051.9% in the third quarter. Two Sigma Investments LP now owns 517,080 shares of the exchange traded fund’s stock valued at $239,791,000 after acquiring an additional 511,430 shares in the last quarter. Capital Wealth Planning LLC increased its position in SPDR Dow Jones Industrial Average ETF Trust by 2,830.3% during the 3rd quarter. Capital Wealth Planning LLC now owns 463,633 shares of the exchange traded fund’s stock valued at $215,005,000 after purchasing an additional 447,811 shares during the period. Bank of Nova Scotia purchased a new position in SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter valued at $104,617,000. Finally, Qube Research & Technologies Ltd bought a new position in SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter worth $33,409,000. Institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Trading Down 1.1%

NYSEARCA:DIA opened at $455.89 on Friday. The company has a 50-day moving average price of $487.61 and a 200-day moving average price of $477.04. The stock has a market cap of $40.59 billion, a price-to-earnings ratio of 22.20 and a beta of 0.91. SPDR Dow Jones Industrial Average ETF Trust has a 12 month low of $366.32 and a 12 month high of $505.30.

SPDR Dow Jones Industrial Average ETF Trust Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, April 13th. Investors of record on Friday, March 20th will be paid a $0.9937 dividend. The ex-dividend date of this dividend is Friday, March 20th. This is an increase from SPDR Dow Jones Industrial Average ETF Trust’s previous monthly dividend of $0.61. This represents a c) dividend on an annualized basis and a yield of 2.6%.

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.