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

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Date of Report (Date of earliest event reported): December 16, 2011

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED

Initial Depositor

(Exact name of Registrant as specified in its charter)

Utilities HOLDRS (SM) Trust

[Issuer with respect to the receipts]

Delaware

(State or other jurisdiction of

incorporation)

001-15963

Commission File Number

13-5674085

(I.R.S. Employer

Identification No.)

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One Bryant Park

New York, New York 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.):

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

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

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

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

Item 8.01

Other Events

The Utilities HOLDRS Trust hereby updates its Form 8-K dated November 10, 2011, which announced that (i) the Utilities HOLDRS Trust would terminate, under its Depositary Trust Agreement, as amended, on or around December 20, 2011, (ii) following that termination, holders of Utilities HOLding Company Depositary Receipts (“HOLDRS”) would have until the expiration of a period of four months after the termination date (the date on which that period ends being referred to as the “Last Withdrawal Date”) to decide if they would like to retain their ownership interest in the underlying securities of the Utilities HOLDRS and (iii) if holders of Utilities HOLDRS did not surrender their HOLDRS and request delivery of the underlying securities by the Last Withdrawal Date, The Bank of New York Mellon, as Trustee of the Utilities HOLDRS Trust (the “Trustee”), had the right to sell those securities and holders of Utilities HOLDRS would be entitled to receive the net proceeds of such sales upon any subsequent surrender of their HOLDRS.

The Utilities HOLDRS Trust has been advised by the Trustee that it has decided to extend the period during which you may surrender your Utilities HOLDRS and request delivery of the underlying securities from a period of four months following the termination date of the Utilities HOLDRS Trust to a period of 12 months following the termination date of the Utilities HOLDRS Trust. In addition, the Utilities HOLDRS Trust is now scheduled to terminate on December 23, 2011. Accordingly, the Last Withdrawal Date is now 12 months following the termination date of the Utilities HOLDRS Trust, or December 24, 2012.

On December 16, 2011, Merrill Lynch, Pierce, Fenner & Smith Incorporated, as Initial Depositor, issued a press release regarding this change to the post-termination period for the Utilities HOLDRS Trust. A copy of the press release is attached hereto as Exhibit 99.1. Exhibit 99.1 is being furnished to, and not filed with, the Securities and Exchange Commission.

Item 9.01

Financial Statements and Exhibits

(d)

Exhibits

99.1

Press release, dated December 16, 2011.

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 16, 2011		By:	/s/ Liam B. O’Neil
		Name:	Liam B. O’Neil
		Title:	Managing Director

EXHIBIT INDEX

Number and Description of Exhibit

(99.1)

Press release, dated December 16, 2011.

UTILITIES HOLDERS SM TRUST 8-K