Meridian Investment Counsel Inc. Decreases Holdings in SPDR Global Dow ETF (NYSEARCA:DGT)

Meridian Investment Counsel Inc. decreased its holdings in SPDR Global Dow ETF (NYSEARCA:DGT) by 1.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 10,724 shares of the company’s stock after selling 174 shares during the period. Meridian Investment Counsel Inc. owned approximately 0.68% of SPDR Global Dow ETF worth $1,416,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Modern Wealth Management LLC purchased a new stake in SPDR Global Dow ETF during the fourth quarter valued at about $625,000. LPL Financial LLC lifted its stake in shares of SPDR Global Dow ETF by 29.0% in the 4th quarter. LPL Financial LLC now owns 142,410 shares of the company’s stock valued at $18,802,000 after acquiring an additional 31,989 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in SPDR Global Dow ETF by 26.2% during the 4th quarter. Commonwealth Equity Services LLC now owns 4,389 shares of the company’s stock valued at $580,000 after acquiring an additional 910 shares during the period. Avantax Advisory Services Inc. increased its stake in SPDR Global Dow ETF by 37.2% in the 4th quarter. Avantax Advisory Services Inc. now owns 6,635 shares of the company’s stock worth $876,000 after purchasing an additional 1,799 shares during the period. Finally, Raymond James Financial Inc. bought a new stake in SPDR Global Dow ETF in the fourth quarter valued at approximately $1,203,000.

SPDR Global Dow ETF Stock Performance

NYSEARCA:DGT opened at $139.65 on Monday. SPDR Global Dow ETF has a fifty-two week low of $121.46 and a fifty-two week high of $144.60. The firm has a market cap of $290.47 million, a PE ratio of 17.47 and a beta of 0.93. The business has a 50 day moving average price of $141.00 and a 200-day moving average price of $137.60.

SPDR Global Dow ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th were issued a $0.4467 dividend. The ex-dividend date was Monday, March 24th.

SPDR Global Dow ETF Profile

SPDR Global Dow ETF (the Fund), formerly SPDR DJ Global Titans ETF, is an open-end investment management company. The Fund seeks to replicate as closely as possible, the performance of the Dow Jones Global Titans 50 Index U.S. Close (the Index). The Index includes 50 stocks of multinational blue-chip companies that are traded on United States or foreign stock exchange.