Smart Portfolios LLC purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) during the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 30,271 shares of the exchange traded fund’s stock, valued at approximately $8,003,000. SPDR Dow Jones Industrial Average ETF Trust accounts for about 4.9% of Smart Portfolios LLC’s holdings, making the stock its 5th largest position.

Several other institutional investors have also made changes to their positions in the company. Lehman Financial Resources Inc. lifted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 19.6% in the 2nd quarter. Lehman Financial Resources Inc. now owns 1,281 shares of the exchange traded fund’s stock valued at $310,000 after purchasing an additional 210 shares during the last quarter. Adviser Investments LLC lifted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 31.9% in the 2nd quarter. Adviser Investments LLC now owns 872 shares of the exchange traded fund’s stock valued at $212,000 after purchasing an additional 211 shares during the last quarter. Segall Bryant & Hamill LLC lifted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 11.3% in the 2nd quarter. Segall Bryant & Hamill LLC now owns 2,074 shares of the exchange traded fund’s stock valued at $503,000 after purchasing an additional 211 shares during the last quarter. Howe & Rusling Inc. lifted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 1.0% in the 2nd quarter. Howe & Rusling Inc. now owns 21,458 shares of the exchange traded fund’s stock valued at $5,209,000 after purchasing an additional 220 shares during the last quarter. Finally, Cadinha & Co. LLC lifted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 26.0% in the 2nd quarter. Cadinha & Co. LLC now owns 1,090 shares of the exchange traded fund’s stock valued at $265,000 after purchasing an additional 225 shares during the last quarter.

Shares of SPDR Dow Jones Industrial Average ETF Trust stock traded down $0.47 during trading hours on Wednesday, hitting $257.45. The company’s stock had a trading volume of 1,091,412 shares, compared to its average volume of 5,034,224. SPDR Dow Jones Industrial Average ETF Trust has a twelve month low of $229.52 and a twelve month high of $269.28.

The firm also recently declared a monthly dividend, which was paid on Monday, October 15th. Stockholders of record on Monday, September 24th were paid a $0.5458 dividend. This represents a $6.55 annualized dividend and a dividend yield of 2.54%. The ex-dividend date of this dividend was Friday, September 21st. This is a positive change from SPDR Dow Jones Industrial Average ETF Trust’s previous monthly dividend of $0.54.

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.

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

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