UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

______________

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

______________

Date of Report (Date of earliest event reported): ~~December~~June 15, ~~2009~~ 2010

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED

Initial Depositor

(Exact name of Registrant as specified in its charter)

Internet HOLDRS (SM) Trust

[Issuer with respect to the receipts]

DELAWARE

(State or other jurisdiction of incorporation)

001-15327

Commission File Number

13-5674085

(I.R.S. Employer Identification No.)

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~~250~~One ~~Vesey Street~~Bryant Park

New York, New York ~~10281~~10036

(Address of principal executive offices and zip code)

(212) 449-1000

(Registrant'’s telephone number, including area code)

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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.):

¨ o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01. Other Events

AsOn ~~a result~~June of2, 2010, the ~~spin~~1-~~off~~for-10 ofreverse ~~AOL~~stock ~~Inc.~~split ~~from Time Warner Inc., a constituent~~ of ~~the Internet~~E*TRADE ~~HOLDRS~~Financial ~~Trust~~Corporation, ~~AOL Inc. will be added as~~ an underlying ~~security~~constituent of the Internet HOLDRS Trust ~~effective December 15~~, ~~2009~~became effective. ~~Shareholders~~As ~~of Time~~a ~~Warner~~result, ~~Inc.~~the ~~will~~quantity ~~receive~~of ~~0.0909~~ shares of ~~AOL~~E*TRADE ~~Inc.~~Financial ~~for~~Corporation represented by each 100 share round-lot of ~~Time Warner~~Internet ~~Inc. The~~HOLDRS ~~Bank~~will ofdecrease ~~New~~from ~~York~~12 ~~Mellon~~shares ~~will~~to ~~receive~~ 1.~~2727~~2 shares. Starting ~~of AOL~~June ~~Inc.~~2, ~~for~~2010, ~~the~~deposits 14of shares of ~~Time~~E*TRADE ~~Warner~~Financial ~~Inc.~~Corporation ~~per~~for ~~100~~creations ~~share round-lot~~ of Internet HOLDRS~~. Effective~~ ~~December~~will ~~15,~~decrease ~~2009,~~from ~~1.2727~~12 shares ofto ~~AOL Inc~~1.2 ~~will~~shares ~~be required for creations/cancellations~~ per ~~100 share~~ round-lot of 100 Internet HOLDRS.

Item 9.01.

Financial Statements and Exhibits

(d)

Exhibits

99.1 Internet HOLDRS Trust Prospectus Supplement dated ~~December~~June 15, ~~2009 to Prospectus dated March 11, 2009~~2010.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
Date: December 15, 2009	By:	/s/ Ninon B. Marapachi
Date: June 15, 2010	By:	/s/ Liam B. O’Neil
	Name:	~~Ninon~~Liam B. ~~Marapachi~~O’Neil
	Title:	Managing Director

EXHIBIT INDEX

Number and Description of Exhibit

(99.1) Internet HOLDRS Trust Prospectus Supplement dated ~~December~~June 15, ~~2009 to Prospectus dated March 11, 2009~~2010.

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