SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) Shares Purchased by Meridian Investment Counsel Inc.

Meridian Investment Counsel Inc. raised its holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 1.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 7,862 shares of the exchange traded fund’s stock after acquiring an additional 136 shares during the quarter. SPDR Dow Jones Industrial Average ETF Trust accounts for about 1.0% of Meridian Investment Counsel Inc.’s holdings, making the stock its 29th biggest position. Meridian Investment Counsel Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $3,345,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in the stock. American Capital Advisory LLC boosted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 60.5% during the fourth quarter. American Capital Advisory LLC now owns 69 shares of the exchange traded fund’s stock worth $29,000 after buying an additional 26 shares in the last quarter. Crews Bank & Trust acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust during the 4th quarter valued at approximately $53,000. NewSquare Capital LLC boosted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 432.0% during the 4th quarter. NewSquare Capital LLC now owns 133 shares of the exchange traded fund’s stock worth $57,000 after acquiring an additional 108 shares in the last quarter. Halbert Hargrove Global Advisors LLC acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the 4th quarter worth approximately $59,000. Finally, FSA Wealth Management LLC purchased a new position in SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter valued at approximately $60,000. 37.11% of the stock is currently owned by hedge funds and other institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

Shares of DIA stock opened at $415.62 on Monday. The stock has a fifty day moving average price of $434.29 and a 200 day moving average price of $431.65. The stock has a market cap of $36.92 billion, a PE ratio of 22.75 and a beta of 0.94. SPDR Dow Jones Industrial Average ETF Trust has a 1 year low of $376.14 and a 1 year high of $451.55.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The firm also recently disclosed 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.

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.