SPDR Dow Jones Industrial Average ETF Trust $DIA Shares Sold by Meridian Wealth Management LLC

Meridian Wealth Management LLC cut its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 13.1% in the fourth quarter, Holdings Channel reports. The fund owned 12,621 shares of the exchange traded fund’s stock after selling 1,900 shares during the period. Meridian Wealth Management LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $6,065,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Milestones Private Investment Advisors LLC increased its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 1.3% in the 4th quarter. Milestones Private Investment Advisors LLC now owns 1,613 shares of the exchange traded fund’s stock worth $775,000 after acquiring an additional 21 shares during the last quarter. DAVENPORT & Co LLC boosted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 0.4% in the 4th quarter. DAVENPORT & Co LLC now owns 5,445 shares of the exchange traded fund’s stock valued at $2,617,000 after purchasing an additional 22 shares during the last quarter. Cary Street Partners Financial LLC boosted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 0.8% in the 3rd quarter. Cary Street Partners Financial LLC now owns 3,459 shares of the exchange traded fund’s stock valued at $1,604,000 after purchasing an additional 27 shares during the last quarter. TBH Global Asset Management LLC boosted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 2.5% in the 4th quarter. TBH Global Asset Management LLC now owns 1,170 shares of the exchange traded fund’s stock valued at $562,000 after purchasing an additional 28 shares during the last quarter. Finally, Nemes Rush Group LLC boosted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 20.9% in the 3rd quarter. Nemes Rush Group LLC now owns 168 shares of the exchange traded fund’s stock valued at $78,000 after purchasing an additional 29 shares during the last quarter. 37.11% of the stock is owned by institutional investors and hedge funds.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

NYSEARCA:DIA opened at $497.11 on Tuesday. The firm has a market capitalization of $43.09 billion, a price-to-earnings ratio of 22.20 and a beta of 0.87. The company’s 50-day moving average is $478.44 and its two-hundred day moving average is $481.79. SPDR Dow Jones Industrial Average ETF Trust has a 1-year low of $413.83 and a 1-year high of $505.30.

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.