Samalin Investment Counsel LLC Purchases 1,137 Shares of SPDR Dow Jones Industrial Average ETF Trust $DIA

Samalin Investment Counsel LLC increased its position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 91.0% in the third quarter, Holdings Channel.com reports. The fund owned 2,386 shares of the exchange traded fund’s stock after purchasing an additional 1,137 shares during the period. Samalin Investment Counsel LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $1,106,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 14.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 495,852 shares of the exchange traded fund’s stock worth $218,498,000 after purchasing an additional 64,314 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 2.0% during the second quarter. Raymond James Financial Inc. now owns 433,334 shares of the exchange traded fund’s stock valued at $190,949,000 after purchasing an additional 8,669 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 0.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 281,398 shares of the exchange traded fund’s stock valued at $123,998,000 after buying an additional 1,668 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in SPDR Dow Jones Industrial Average ETF Trust by 3.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 266,751 shares of the exchange traded fund’s stock worth $117,544,000 after buying an additional 7,927 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its position in SPDR Dow Jones Industrial Average ETF Trust by 5.9% in the 2nd quarter. Commonwealth Equity Services LLC now owns 260,501 shares of the exchange traded fund’s stock worth $114,790,000 after buying an additional 14,621 shares during the last quarter. 37.11% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

DIA opened at $484.88 on Wednesday. The company’s 50-day simple moving average is $481.10 and its two-hundred day simple moving average is $465.29. The stock has a market capitalization of $43.73 billion, a P/E ratio of 22.20 and a beta of 0.91. SPDR Dow Jones Industrial Average ETF Trust has a 52-week low of $366.32 and a 52-week high of $496.34.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, February 17th. Investors of record on Friday, January 16th will be given a dividend of $0.1786 per share. The ex-dividend date is Friday, January 16th. This represents a c) dividend on an annualized basis and a yield of 0.4%.

About SPDR Dow Jones Industrial Average ETF Trust

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.