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

Meridian Wealth Management LLC trimmed its position in shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 4.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,460 shares of the exchange traded fund’s stock after selling 927 shares during the quarter. Meridian Wealth Management LLC’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $9,080,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in DIA. O Shaughnessy Asset Management LLC raised its holdings in SPDR Dow Jones Industrial Average ETF Trust by 10.9% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 1,536 shares of the exchange traded fund’s stock valued at $611,000 after buying an additional 151 shares during the period. Axxcess Wealth Management LLC boosted its holdings in SPDR Dow Jones Industrial Average ETF Trust by 77.2% in the first quarter. Axxcess Wealth Management LLC now owns 1,205 shares of the exchange traded fund’s stock valued at $479,000 after purchasing an additional 525 shares in the last quarter. Stonebridge Capital Advisors LLC boosted its holdings in shares of SPDR Dow Jones Industrial Average ETF Trust by 52.0% in the first quarter. Stonebridge Capital Advisors LLC now owns 1,041 shares of the exchange traded fund’s stock valued at $414,000 after acquiring an additional 356 shares during the period. LRI Investments LLC acquired a new stake in shares of SPDR Dow Jones Industrial Average ETF Trust in the first quarter valued at approximately $25,000. Finally, Kestra Advisory Services LLC raised its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 7.7% during the first quarter. Kestra Advisory Services LLC now owns 35,728 shares of the exchange traded fund’s stock worth $14,211,000 after purchasing an additional 2,540 shares during the last quarter. Institutional investors and hedge funds own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Price Performance

SPDR Dow Jones Industrial Average ETF Trust stock opened at $439.78 on Friday. SPDR Dow Jones Industrial Average ETF Trust has a fifty-two week low of $352.78 and a fifty-two week high of $444.87. The stock’s fifty day moving average is $426.45 and its two-hundred day moving average is $407.89.

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.