Blue Chip Wealth Management Inc. Invests $316,000 in SPDR Dow Jones Industrial Average ETF (DIA) Stock

Blue Chip Wealth Management Inc. bought a new stake in SPDR Dow Jones Industrial Average ETF (NYSEARCA:DIA) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 1,308 shares of the exchange traded fund’s stock, valued at approximately $316,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of DIA. Global Financial Private Capital LLC boosted its position in SPDR Dow Jones Industrial Average ETF by 15.6% in the fourth quarter. Global Financial Private Capital LLC now owns 9,977 shares of the exchange traded fund’s stock valued at $2,468,000 after buying an additional 1,348 shares during the last quarter. Ahrens Investment Partners LLC boosted its position in SPDR Dow Jones Industrial Average ETF by 55.6% in the 4th quarter. Ahrens Investment Partners LLC now owns 1,860 shares of the exchange traded fund’s stock worth $460,000 after purchasing an additional 665 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its position in SPDR Dow Jones Industrial Average ETF by 7.2% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 99,251 shares of the exchange traded fund’s stock worth $24,552,000 after purchasing an additional 6,691 shares in the last quarter. Advanced Asset Management Advisors Inc purchased a new stake in SPDR Dow Jones Industrial Average ETF in the 4th quarter worth approximately $1,650,000. Finally, Murphy Middleton Hinkle & Parker Inc. purchased a new stake in SPDR Dow Jones Industrial Average ETF in the 4th quarter worth approximately $940,000.

SPDR Dow Jones Industrial Average ETF opened at $251.99 on Friday, MarketBeat.com reports. SPDR Dow Jones Industrial Average ETF has a 12 month low of $211.70 and a 12 month high of $265.93.



The business also recently disclosed a monthly dividend, which was paid on Monday, June 11th. Shareholders of record on Monday, May 21st were given a $0.6973 dividend. This represents a $8.37 annualized dividend and a yield of 3.32%. The ex-dividend date was Friday, May 18th. This is a positive change from SPDR Dow Jones Industrial Average ETF’s previous monthly dividend of $0.13.

About SPDR Dow Jones Industrial Average ETF

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 (NYSEARCA:DIA)

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