Bridgewater Advisors Inc. Sells 25,811 Shares of SPDR Dow Jones Industrial Average ETF Trust $DIA

Bridgewater Advisors Inc. lowered its stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 39.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,170 shares of the exchange traded fund’s stock after selling 25,811 shares during the quarter. SPDR Dow Jones Industrial Average ETF Trust comprises 1.3% of Bridgewater Advisors Inc.’s holdings, making the stock its 19th largest holding. Bridgewater Advisors Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $18,851,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Bank of Nova Scotia purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the second quarter valued at about $104,617,000. Thor Trading Advisors LLC lifted its position in SPDR Dow Jones Industrial Average ETF Trust by 227.3% during the third quarter. Thor Trading Advisors LLC now owns 99,182 shares of the exchange traded fund’s stock valued at $45,995,000 after acquiring an additional 68,880 shares during the last quarter. Corient Private Wealth LLC boosted its stake in SPDR Dow Jones Industrial Average ETF Trust by 105.7% in the second quarter. Corient Private Wealth LLC now owns 131,160 shares of the exchange traded fund’s stock valued at $57,796,000 after acquiring an additional 67,399 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in SPDR Dow Jones Industrial Average ETF Trust by 14.9% in the second quarter. JPMorgan Chase & Co. now owns 495,852 shares of the exchange traded fund’s stock worth $218,498,000 after purchasing an additional 64,314 shares during the last quarter. Finally, The Manufacturers Life Insurance Company purchased a new position in SPDR Dow Jones Industrial Average ETF Trust in the second quarter worth $26,516,000. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Trading Down 0.5%

Shares of DIA opened at $494.38 on Friday. The firm has a market cap of $44.02 billion, a PE 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. The stock has a fifty day moving average price of $490.40 and a 200-day moving average price of $472.64.

SPDR Dow Jones Industrial Average ETF Trust Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, March 16th. Shareholders of record on Friday, February 20th will be issued a $0.6131 dividend. This is a boost from SPDR Dow Jones Industrial Average ETF Trust’s previous monthly dividend of $0.18. This represents a c) annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Friday, February 20th.

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.