Stelac Advisory Services LLC Lowers Position in SPDR Dow Jones Industrial Average ETF (DIA)

Stelac Advisory Services LLC lowered its position in SPDR Dow Jones Industrial Average ETF (NYSEARCA:DIA) by 75.3% during the fourth quarter, HoldingsChannel.com reports. The fund owned 2,114 shares of the exchange traded fund’s stock after selling 6,439 shares during the quarter. SPDR Dow Jones Industrial Average ETF accounts for approximately 0.2% of Stelac Advisory Services LLC’s holdings, making the stock its 27th largest holding. Stelac Advisory Services LLC’s holdings in SPDR Dow Jones Industrial Average ETF were worth $523,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. CHURCHILL MANAGEMENT Corp grew its holdings in shares of SPDR Dow Jones Industrial Average ETF by 4.5% in the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 2,348,723 shares of the exchange traded fund’s stock worth $581,027,000 after acquiring an additional 100,076 shares during the period. Mizuho Securities USA LLC grew its holdings in shares of SPDR Dow Jones Industrial Average ETF by 17.8% in the 4th quarter. Mizuho Securities USA LLC now owns 1,963,470 shares of the exchange traded fund’s stock worth $484,940,000 after acquiring an additional 296,538 shares during the period. Bank of Montreal Can grew its holdings in shares of SPDR Dow Jones Industrial Average ETF by 137.1% in the 4th quarter. Bank of Montreal Can now owns 1,079,949 shares of the exchange traded fund’s stock worth $267,158,000 after acquiring an additional 624,551 shares during the period. Aviance Capital Management LLC grew its holdings in shares of SPDR Dow Jones Industrial Average ETF by 1.9% in the 4th quarter. Aviance Capital Management LLC now owns 243,771 shares of the exchange traded fund’s stock worth $60,304,000 after acquiring an additional 4,651 shares during the period. Finally, Berkshire Money Management Inc. grew its holdings in shares of SPDR Dow Jones Industrial Average ETF by 1.5% in the 4th quarter. Berkshire Money Management Inc. now owns 208,665 shares of the exchange traded fund’s stock worth $51,620,000 after acquiring an additional 3,133 shares during the period.

Shares of SPDR Dow Jones Industrial Average ETF (NYSEARCA DIA) opened at $249.35 on Wednesday. The firm has a market capitalization of $22,700.00 and a P/E ratio of 31.01. SPDR Dow Jones Industrial Average ETF has a fifty-two week low of $203.64 and a fifty-two week high of $265.93.

The company also recently declared a monthly dividend, which will be paid on Monday, March 12th. Investors of record on Tuesday, February 20th will be issued a $0.6448 dividend. The ex-dividend date is Friday, February 16th. This represents a $7.74 dividend on an annualized basis and a dividend yield of 3.10%. This is a boost from SPDR Dow Jones Industrial Average ETF’s previous monthly dividend of $0.14. SPDR Dow Jones Industrial Average ETF’s dividend payout ratio is currently 61.07%.

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SPDR Dow Jones Industrial Average ETF 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.

Want to see what other hedge funds are holding DIA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Dow Jones Industrial Average ETF (NYSEARCA:DIA).

Institutional Ownership by Quarter for SPDR Dow Jones Industrial Average ETF (NYSEARCA:DIA)

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