PNC Financial Services Group Inc. Sells 5,945 Shares of SPDR Dow Jones Industrial Average ETF Trust $DIA

PNC Financial Services Group Inc. lessened its position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 3.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 175,760 shares of the exchange traded fund’s stock after selling 5,945 shares during the quarter. PNC Financial Services Group Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $81,507,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in DIA. Elevation Point Wealth Partners LLC bought a new position in SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter valued at about $27,000. McIlrath & Eck LLC boosted its position in shares of 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 stake in shares of 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 valued at $29,000 after buying an additional 60 shares during the last quarter. Pineridge Advisors LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the second quarter worth approximately $32,000. Finally, Cornerstone Planning Group LLC bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the 3rd quarter worth approximately $32,000. 37.11% of the stock is owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Stock Up 0.1%

DIA opened at $495.28 on Monday. The business has a fifty day moving average of $489.23 and a 200 day moving average of $471.51. The stock has a market cap of $44.10 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 $505.30.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, February 17th. Stockholders of record on Friday, January 16th will be issued a $0.1786 dividend. The ex-dividend date is Friday, January 16th. This represents a c) dividend on an annualized basis and a dividend 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.