Raymond James & Associates Grows Holdings in SPDR Dow Jones Industrial Average ETF Trust (DIA)

Raymond James & Associates grew its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 17.7% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 228,491 shares of the exchange traded fund’s stock after purchasing an additional 34,288 shares during the period. Raymond James & Associates’ holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $59,210,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in DIA. Cullen Frost Bankers Inc. purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the first quarter valued at $26,000. Brand Asset Management Group Inc. purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter valued at $38,000. Signet Investment Advisory Group Inc. purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter valued at $40,000. Larson Financial Group LLC purchased a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter valued at $52,000. Finally, Whitener Capital Management Inc. boosted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 36.5% in the fourth quarter. Whitener Capital Management Inc. now owns 232 shares of the exchange traded fund’s stock valued at $54,000 after purchasing an additional 62 shares during the period.

Shares of DIA stock traded up $2.22 on Thursday, hitting $259.14. The stock had a trading volume of 49,902 shares, compared to its average volume of 3,810,798. SPDR Dow Jones Industrial Average ETF Trust has a 52-week low of $216.97 and a 52-week high of $269.28.

The company also recently announced a monthly dividend, which was paid on Monday, May 13th. Stockholders of record on Monday, April 22nd were paid a $0.1576 dividend. The ex-dividend date of this dividend was Thursday, April 18th. This represents a $1.89 annualized dividend and a dividend yield of 0.73%.

ILLEGAL ACTIVITY NOTICE: This story was originally posted by Markets Daily and is owned by of Markets Daily. If you are viewing this story on another domain, it was copied illegally and republished in violation of U.S. & international copyright & trademark legislation. The original version of this story can be viewed at https://www.themarketsdaily.com/2019/05/16/raymond-james-associates-grows-holdings-in-spdr-dow-jones-industrial-average-etf-trust-dia.html.

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.

Featured Story: How is the LIBOR rate calculated?

Want to see what other hedge funds are holding DIA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA).

Institutional Ownership by Quarter for SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Receive News & Ratings for SPDR Dow Jones Industrial Average ETF Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Dow Jones Industrial Average ETF Trust and related companies with MarketBeat.com's FREE daily email newsletter.