Global X Alternative Income ETF (NASDAQ:ALTY – Get Free Report) announced a monthly dividend on Tuesday, March 4th, NASDAQ Dividends reports. Stockholders of record on Wednesday, March 5th will be given a dividend of 0.074 per share on Wednesday, March 12th. This represents a $0.89 dividend on an annualized basis and a dividend yield of 7.50%. The ex-dividend date of this dividend is Wednesday, March 5th. This is a 1.4% increase from Global X Alternative Income ETF’s previous monthly dividend of $0.07.
Global X Alternative Income ETF Price Performance
ALTY traded down $0.05 during midday trading on Wednesday, hitting $11.84. 4,603 shares of the company’s stock traded hands, compared to its average volume of 13,062. The company has a market cap of $33.39 million, a PE ratio of 19.72 and a beta of 0.99. Global X Alternative Income ETF has a one year low of $10.95 and a one year high of $12.19. The stock’s fifty day simple moving average is $11.85 and its 200-day simple moving average is $11.89.
Institutional Investors Weigh In On Global X Alternative Income ETF
A hedge fund recently raised its stake in Global X Alternative Income ETF stock. Bank of America Corp DE grew its stake in Global X Alternative Income ETF (NASDAQ:ALTY – Free Report) by 60.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,446 shares of the company’s stock after buying an additional 3,188 shares during the period. Bank of America Corp DE owned approximately 0.30% of Global X Alternative Income ETF worth $98,000 as of its most recent SEC filing.
About Global X Alternative Income ETF
The Global X Alternative Income ETF (ALTY) is an exchange-traded fund that is based on the Indxx SuperDividend Alternatives index. The fund tracks an index consisting of a variety of assets such as equity, debt securities and covered calls. Selected based on high dividend yield and low volatility. ALTY was launched on Jul 14, 2015 and is managed by Global X.
Featured Stories
- Five stocks we like better than Global X Alternative Income ETF
- Stock Splits, Do They Really Impact Investors?
- Corporate Crawl: Where Business Trips Turn Into Party Nights
- 5 Top Rated Dividend Stocks to Consider
- CrowdStrike’s Growth Remains Strong—Buy While It’s Down
- Short Selling – The Pros and Cons
- Is Advanced Micro Devices Stock Slide Over?
Receive News & Ratings for Global X Alternative Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X Alternative Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
