Meridian Management Co. Buys New Holdings in SPDR Dow Jones Industrial Average ETF (DIA)

Meridian Management Co. purchased a new position in shares of SPDR Dow Jones Industrial Average ETF (NYSEARCA:DIA) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 890 shares of the exchange traded fund’s stock, valued at approximately $220,000.

A number of other institutional investors also recently added to or reduced their stakes in the business. Hall Capital Management Co. Inc. purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF in the fourth quarter valued at $201,000. Diversified Portfolios Inc. purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF in the fourth quarter valued at $202,000. Carlton Hofferkamp & Jenks Wealth Management LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF in the fourth quarter valued at $210,000. Trellis Advisors LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF in the fourth quarter valued at $218,000. Finally, Concorde Asset Management LLC purchased a new stake in shares of SPDR Dow Jones Industrial Average ETF in the fourth quarter valued at $222,000.

Shares of SPDR Dow Jones Industrial Average ETF (NYSEARCA DIA) traded down $0.79 during trading hours on Wednesday, hitting $245.78. The stock had a trading volume of 800,550 shares, compared to its average volume of 7,177,764. SPDR Dow Jones Industrial Average ETF has a twelve month low of $203.64 and a twelve month high of $265.93. The stock has a market capitalization of $23,000.00 and a P/E ratio of 30.67.

The company also recently announced a monthly dividend, which was paid on Monday, February 12th. Investors of record on Monday, January 22nd were issued a $0.1437 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 0.70%. The ex-dividend date was Friday, January 19th. SPDR Dow Jones Industrial Average ETF’s payout ratio is currently 60.07%.

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SPDR Dow Jones Industrial Average ETF 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.

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

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