SPDR Global Dow ETF (NYSEARCA:DGT) Shares Sold by Meridian Investment Counsel Inc.

Meridian Investment Counsel Inc. cut its stake in SPDR Global Dow ETF (NYSEARCA:DGT) by 1.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,724 shares of the company’s stock after selling 174 shares during the quarter. Meridian Investment Counsel Inc.’s holdings in SPDR Global Dow ETF were worth $1,416,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of DGT. Private Trust Co. NA lifted its position in shares of SPDR Global Dow ETF by 9.8% in the fourth quarter. Private Trust Co. NA now owns 1,439 shares of the company’s stock valued at $190,000 after acquiring an additional 128 shares in the last quarter. Advisors Preferred LLC acquired a new position in SPDR Global Dow ETF in the 4th quarter valued at $278,000. Sigma Planning Corp purchased a new position in SPDR Global Dow ETF in the 4th quarter valued at $293,000. Synovus Financial Corp acquired a new stake in SPDR Global Dow ETF during the 3rd quarter worth $384,000. Finally, Jones Financial Companies Lllp grew its holdings in shares of SPDR Global Dow ETF by 88.9% during the fourth quarter. Jones Financial Companies Lllp now owns 3,768 shares of the company’s stock worth $497,000 after buying an additional 1,773 shares in the last quarter.

SPDR Global Dow ETF Stock Down 1.4 %

Shares of NYSEARCA DGT opened at $139.65 on Monday. The firm has a 50-day simple moving average of $141.00 and a 200-day simple moving average of $137.60. The stock has a market capitalization of $290.47 million, a price-to-earnings ratio of 17.47 and a beta of 0.93. SPDR Global Dow ETF has a 52 week low of $121.46 and a 52 week high of $144.60.

SPDR Global Dow ETF Announces Dividend

The firm also recently disclosed 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 of this dividend was Monday, March 24th.

SPDR Global Dow ETF Company 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.