Meridian Wealth Management LLC increased its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 17.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 12,684 shares of the exchange traded fund’s stock after purchasing an additional 1,925 shares during the quarter. SPDR Dow Jones Industrial Average ETF Trust makes up approximately 1.7% of Meridian Wealth Management LLC’s investment portfolio, making the stock its 15th biggest position. Meridian Wealth Management LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $2,958,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. The Manufacturers Life Insurance Company raised its holdings in SPDR Dow Jones Industrial Average ETF Trust by 8,654.0% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 178,406 shares of the exchange traded fund’s stock worth $47,170,000 after purchasing an additional 176,368 shares during the period. Great Lakes Advisors LLC bought a new position in SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter worth $218,000. High Falls Advisors Inc raised its holdings in SPDR Dow Jones Industrial Average ETF Trust by 9.6% in the 3rd quarter. High Falls Advisors Inc now owns 4,033 shares of the exchange traded fund’s stock worth $1,066,000 after purchasing an additional 353 shares during the period. Mizuho Bank Ltd. bought a new position in SPDR Dow Jones Industrial Average ETF Trust in the 3rd quarter worth $105,760,000. Finally, Midwest Professional Planners LTD. raised its holdings in SPDR Dow Jones Industrial Average ETF Trust by 394.6% in the 3rd quarter. Midwest Professional Planners LTD. now owns 1,469 shares of the exchange traded fund’s stock worth $388,000 after purchasing an additional 1,172 shares during the period.

Shares of SPDR Dow Jones Industrial Average ETF Trust stock opened at $251.66 on Monday. SPDR Dow Jones Industrial Average ETF Trust has a one year low of $216.97 and a one year high of $269.28.

The firm also recently declared a monthly dividend, which will be paid on Monday, February 11th. Shareholders of record on Tuesday, January 22nd will be issued a dividend of $0.1739 per share. The ex-dividend date of this dividend is Friday, January 18th. This represents a $2.09 dividend on an annualized basis and a yield of 0.83%.

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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.

See Also: Channel Trading

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

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