Benin Management CORP Cuts Holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Benin Management CORP cut its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 0.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 28,074 shares of the exchange traded fund’s stock after selling 200 shares during the period. SPDR Dow Jones Industrial Average ETF Trust accounts for 3.3% of Benin Management CORP’s portfolio, making the stock its 6th biggest position. Benin Management CORP’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $11,945,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DIA. Encompass More Asset Management purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter worth about $278,000. Southland Equity Partners LLC purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter valued at approximately $1,588,000. St. Johns Investment Management Company LLC purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter valued at approximately $196,000. RFG Advisory LLC boosted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 32.9% during the fourth quarter. RFG Advisory LLC now owns 5,279 shares of the exchange traded fund’s stock valued at $2,246,000 after purchasing an additional 1,308 shares in the last quarter. Finally, One Wealth Management Investment & Advisory Services LLC grew its stake in SPDR Dow Jones Industrial Average ETF Trust by 16.1% in the fourth quarter. One Wealth Management Investment & Advisory Services LLC now owns 2,304 shares of the exchange traded fund’s stock worth $980,000 after purchasing an additional 319 shares during the period. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

Shares of SPDR Dow Jones Industrial Average ETF Trust stock opened at $444.12 on Friday. SPDR Dow Jones Industrial Average ETF Trust has a 12 month low of $376.14 and a 12 month high of $451.55. The business has a fifty day simple moving average of $435.65 and a two-hundred day simple moving average of $421.80.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, February 18th. Investors of record on Friday, January 17th will be given a dividend of $0.1624 per share. The ex-dividend date is 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.