SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) Stake Lowered by Jaffetilchin Investment Partners LLC

Jaffetilchin Investment Partners LLC lowered its holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 35.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,445 shares of the exchange traded fund’s stock after selling 6,821 shares during the period. SPDR Dow Jones Industrial Average ETF Trust accounts for 0.7% of Jaffetilchin Investment Partners LLC’s investment portfolio, making the stock its 21st biggest position. Jaffetilchin Investment Partners LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $3,225,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in DIA. Deutsche Bank AG purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter valued at about $52,240,000. Ellis Investment Partners LLC purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the first quarter valued at about $179,000. Wells Fargo & Company MN grew its position in SPDR Dow Jones Industrial Average ETF Trust by 8.8% during the first quarter. Wells Fargo & Company MN now owns 1,735,610 shares of the exchange traded fund’s stock valued at $449,748,000 after acquiring an additional 139,822 shares during the period. Mizuho Trust & Banking Co. Ltd. purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter valued at about $27,984,000. Finally, JPMorgan Chase & Co. grew its position in SPDR Dow Jones Industrial Average ETF Trust by 34.0% during the first quarter. JPMorgan Chase & Co. now owns 358,743 shares of the exchange traded fund’s stock valued at $92,961,000 after acquiring an additional 91,115 shares during the period.

DIA stock traded up $1.12 during trading on Monday, reaching $266.97. 3,969,745 shares of the stock traded hands, compared to its average volume of 3,705,308. The firm’s 50 day simple moving average is $259.37. 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 declared a monthly dividend, which was paid on Monday, June 17th. Shareholders of record on Monday, May 20th were given a dividend of $0.6437 per share. This represents a $7.72 dividend on an annualized basis and a yield of 2.89%. The ex-dividend date was Friday, May 17th. This is an increase from SPDR Dow Jones Industrial Average ETF Trust’s previous monthly dividend of $0.16.

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.

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

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