Meridian Wealth Management LLC Boosts Holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Meridian Wealth Management LLC lifted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 2.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 21,924 shares of the exchange traded fund’s stock after buying an additional 464 shares during the quarter. Meridian Wealth Management LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $9,328,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of DIA. Fidelis Capital Partners LLC bought a new stake in SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter valued at approximately $1,956,000. Alesco Advisors LLC lifted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 19.4% in the 4th quarter. Alesco Advisors LLC now owns 1,232 shares of the exchange traded fund’s stock valued at $524,000 after purchasing an additional 200 shares during the period. SBI Securities Co. Ltd. bought a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the fourth quarter valued at approximately $2,544,000. Jones Financial Companies Lllp grew its stake in SPDR Dow Jones Industrial Average ETF Trust by 27.9% in the fourth quarter. Jones Financial Companies Lllp now owns 121,134 shares of the exchange traded fund’s stock worth $51,542,000 after purchasing an additional 26,389 shares during the period. Finally, Modera Wealth Management LLC grew its stake in SPDR Dow Jones Industrial Average ETF Trust by 48.2% in the fourth quarter. Modera Wealth Management LLC now owns 3,886 shares of the exchange traded fund’s stock worth $1,654,000 after purchasing an additional 1,263 shares during the period. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Trading Up 1.4 %

Shares of SPDR Dow Jones Industrial Average ETF Trust stock opened at $438.37 on Monday. SPDR Dow Jones Industrial Average ETF Trust has a 12 month low of $376.14 and a 12 month high of $451.55. The firm has a market capitalization of $37.56 billion, a P/E ratio of 24.21 and a beta of 0.95. The business has a fifty day simple moving average of $436.90 and a two-hundred day simple moving average of $430.08.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, February 18th. Investors of record on Friday, January 17th were paid a $0.1624 dividend. The ex-dividend date of this dividend was Friday, January 17th.

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.