Johnson Investment Counsel Inc. Cuts Holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Johnson Investment Counsel Inc. decreased its position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 8.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,903 shares of the exchange traded fund’s stock after selling 1,442 shares during the period. Johnson Investment Counsel Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $6,341,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. American Capital Advisory LLC grew its position in SPDR Dow Jones Industrial Average ETF Trust by 60.5% in the fourth quarter. American Capital Advisory LLC now owns 69 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 26 shares in the last quarter. Crews Bank & Trust purchased a new position in SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter worth about $53,000. NewSquare Capital LLC grew its position in SPDR Dow Jones Industrial Average ETF Trust by 432.0% in the fourth quarter. NewSquare Capital LLC now owns 133 shares of the exchange traded fund’s stock worth $57,000 after acquiring an additional 108 shares in the last quarter. Halbert Hargrove Global Advisors LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter worth about $59,000. Finally, FSA Wealth Management LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust in the third quarter worth about $60,000. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Trading Down 2.0 %

DIA opened at $419.49 on Tuesday. The firm has a market cap of $35.95 billion, a P/E ratio of 24.21 and a beta of 0.95. SPDR Dow Jones Industrial Average ETF Trust has a 12 month low of $376.14 and a 12 month high of $451.55. The stock has a 50-day moving average of $436.48 and a 200 day moving average of $430.89.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, February 18th. Investors of record on Friday, January 17th were given a $0.1624 dividend. The ex-dividend date was Friday, January 17th.

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.