Reyes Financial Architecture Inc. Trims Position in SPDR Dow Jones Industrial Average ETF Trust $DIA

Reyes Financial Architecture Inc. cut its stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 96.6% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 350 shares of the exchange traded fund’s stock after selling 9,928 shares during the period. Reyes Financial Architecture Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $162,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Elevation Point Wealth Partners LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust during the second quarter valued at approximately $27,000. McIlrath & Eck LLC boosted its stake in SPDR Dow Jones Industrial Average ETF Trust by 454.5% during the second quarter. McIlrath & Eck LLC now owns 61 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 50 shares during the period. Hollencrest Capital Management grew its position in SPDR Dow Jones Industrial Average ETF Trust by 1,000.0% during the second quarter. Hollencrest Capital Management now owns 66 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 60 shares in the last quarter. Cornerstone Planning Group LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust during the third quarter worth about $32,000. Finally, Pineridge Advisors LLC bought a new position in SPDR Dow Jones Industrial Average ETF Trust in the 2nd quarter worth about $32,000. 37.11% of the stock is currently owned by institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Trading Up 0.5%

Shares of DIA opened at $487.74 on Thursday. SPDR Dow Jones Industrial Average ETF Trust has a 12-month low of $366.32 and a 12-month high of $505.30. The company has a market cap of $43.43 billion, a PE ratio of 22.20 and a beta of 0.91. The stock has a 50-day moving average price of $491.78 and a 200-day moving average price of $475.80.

SPDR Dow Jones Industrial Average ETF Trust Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, March 16th. Shareholders of record on Friday, February 20th will be given a dividend of $0.6131 per share. The ex-dividend date is Friday, February 20th. 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%.

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.