Johnson Investment Counsel Inc. Reduces Position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Johnson Investment Counsel Inc. lessened its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 8.8% in the 4th quarter, Holdings Channel reports. The institutional investor owned 14,903 shares of the exchange traded fund’s stock after selling 1,442 shares during the quarter. Johnson Investment Counsel Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $6,341,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Daiwa Securities Group Inc. boosted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 34.3% during the fourth quarter. Daiwa Securities Group Inc. now owns 53,203 shares of the exchange traded fund’s stock valued at $22,638,000 after buying an additional 13,589 shares during the period. Main Street Research LLC boosted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 19.4% during the fourth quarter. Main Street Research LLC now owns 764 shares of the exchange traded fund’s stock valued at $326,000 after buying an additional 124 shares during the period. SLT Holdings LLC purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter valued at approximately $228,000. Sound View Wealth Advisors Group LLC boosted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 0.9% during the fourth quarter. Sound View Wealth Advisors Group LLC now owns 25,060 shares of the exchange traded fund’s stock valued at $10,663,000 after buying an additional 225 shares during the period. Finally, Sowell Financial Services LLC boosted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 26.4% during the fourth quarter. Sowell Financial Services LLC now owns 17,902 shares of the exchange traded fund’s stock valued at $7,617,000 after buying an additional 3,740 shares during the period. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

Shares of NYSEARCA:DIA opened at $419.49 on Tuesday. The business has a 50 day simple moving average of $436.48 and a two-hundred day simple moving average of $430.89. SPDR Dow Jones Industrial Average ETF Trust has a 1 year low of $376.14 and a 1 year high of $451.55. The firm has a market capitalization of $35.95 billion, a PE ratio of 24.21 and a beta of 0.95.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, February 18th. Stockholders of record on Friday, January 17th were paid a dividend of $0.1624 per share. The ex-dividend date was Friday, January 17th.

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.