UPDATE 3-Dow Jones index announces biggest shake-up in a decade
* Goldman Sachs, Visa, Nike new members of century-old average
* Bank of America ends turbulent five years in blue chip index
* Aluminum company Alcoa exits after more than 50 years
* Just $30-$35 bln in funds tracks 'well known' Dow
By Rodrigo Campos
NEW YORK, Sept 10 (Reuters) - In the biggest shake-up of the Dow Jones industrial average in nearly a decade, Goldman Sachs, Visa and Nike will join the storied 30-stock index, with Bank of America, which just two years ago was the largest U.S. bank by assets, one of the names exiting the Dow.
The three newcomers - an investment bank, credit card payment processor and apparel company, respectively - will also replace Alcoa, in the index since 1959, and Hewlett-Packard Co.
The changes will take effect at the opening of trading Sept. 23, said S&P Dow Jones Indices, whose index committee makes decisions on the make-up of the average.
With the changes, the committee again passed on a chance to include Apple Inc and Google Inc, the first- and third-largest U.S. companies by market value. Apple stock trades above $500 and Google closed Monday above $888. Continued...