Sei Investments Co. Decreases Stake in SPDR Dow Jones Industrial Average ETF Trust (DIA)

Sei Investments Co. reduced its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 61.5% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,685 shares of the exchange traded fund’s stock after selling 2,686 shares during the quarter. Sei Investments Co.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $409,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. FNY Investment Advisers LLC bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the 2nd quarter worth approximately $600,000. Cornerstone Wealth Management LLC grew its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 28,671.6% during the 2nd quarter. Cornerstone Wealth Management LLC now owns 752,952 shares of the exchange traded fund’s stock worth $3,102,000 after acquiring an additional 750,335 shares in the last quarter. Wetherby Asset Management Inc. grew its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 18.0% during the 2nd quarter. Wetherby Asset Management Inc. now owns 1,774 shares of the exchange traded fund’s stock worth $431,000 after acquiring an additional 270 shares in the last quarter. Arvest Bank Trust Division grew its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 1.5% during the 2nd quarter. Arvest Bank Trust Division now owns 35,026 shares of the exchange traded fund’s stock worth $8,502,000 after acquiring an additional 505 shares in the last quarter. Finally, Aldebaran Financial Inc. grew its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 12.2% during the 1st quarter. Aldebaran Financial Inc. now owns 2,751 shares of the exchange traded fund’s stock worth $664,000 after acquiring an additional 300 shares in the last quarter.

NYSEARCA:DIA opened at $261.89 on Monday. SPDR Dow Jones Industrial Average ETF Trust has a 1-year low of $221.91 and a 1-year high of $265.93.

The company also recently announced a monthly dividend, which will be paid on Monday, September 17th. Investors of record on Monday, August 20th will be paid a $0.5385 dividend. The ex-dividend date is Friday, August 17th. This is a boost from SPDR Dow Jones Industrial Average ETF Trust’s previous monthly dividend of $0.32. This represents a $6.46 annualized dividend and a dividend yield of 2.47%.

SPDR Dow Jones Industrial Average ETF Trust 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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