Serenus Wealth Advisors LLC Trims Stock Position in SPDR Dow Jones Industrial Average ETF Trust $DIA

Serenus Wealth Advisors LLC trimmed its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 44.2% in the third quarter, HoldingsChannel reports. The firm owned 4,980 shares of the exchange traded fund’s stock after selling 3,947 shares during the period. SPDR Dow Jones Industrial Average ETF Trust makes up about 0.3% of Serenus Wealth Advisors LLC’s portfolio, making the stock its 20th biggest holding. Serenus Wealth Advisors LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $2,309,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of DIA. Stonebridge Financial Group LLC grew its holdings in SPDR Dow Jones Industrial Average ETF Trust by 1.8% during the 3rd quarter. Stonebridge Financial Group LLC now owns 1,275 shares of the exchange traded fund’s stock valued at $591,000 after buying an additional 22 shares during the last quarter. Centennial Wealth Advisory LLC lifted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 4.5% in the third quarter. Centennial Wealth Advisory LLC now owns 507 shares of the exchange traded fund’s stock valued at $235,000 after acquiring an additional 22 shares in the last quarter. Daymark Wealth Partners LLC lifted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 1.1% in the second quarter. Daymark Wealth Partners LLC now owns 2,051 shares of the exchange traded fund’s stock valued at $904,000 after acquiring an additional 23 shares in the last quarter. Abound Wealth Management boosted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 9.5% during the third quarter. Abound Wealth Management now owns 266 shares of the exchange traded fund’s stock valued at $124,000 after acquiring an additional 23 shares during the last quarter. Finally, Valmark Advisers Inc. increased its position in SPDR Dow Jones Industrial Average ETF Trust by 0.6% during the 3rd quarter. Valmark Advisers Inc. now owns 3,679 shares of the exchange traded fund’s stock worth $1,706,000 after purchasing an additional 23 shares in the last quarter. 37.11% of the stock is currently owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Trading Up 0.1%

Shares of DIA stock opened at $495.85 on Wednesday. The company has a market capitalization of $44.15 billion, a price-to-earnings ratio of 22.20 and a beta of 0.91. The firm has a 50-day moving average price of $489.96 and a 200 day moving average price of $472.32. SPDR Dow Jones Industrial Average ETF Trust has a twelve month low of $366.32 and a twelve month high of $505.30.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, February 17th. Investors of record on Friday, January 16th were paid a dividend of $0.1786 per share. The ex-dividend date of this dividend was Friday, January 16th. This represents a c) annualized dividend and a dividend yield of 0.4%.

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.