Global SuperDividend US ETF (NYSEARCA:DIV) Trading Up 0.2% – Here’s What Happened

Global SuperDividend US ETF (NYSEARCA:DIV) shares were up 0.2% during mid-day trading on Monday . The stock traded as high as $18.49 and last traded at $18.45. Approximately 98,603 shares traded hands during trading, a decline of 36% from the average daily volume of 153,637 shares. The stock had previously closed at $18.41.

Global SuperDividend US ETF Price Performance

The stock has a market capitalization of $666.01 million, a PE ratio of 9.29 and a beta of 0.74. The company has a 50 day moving average price of $18.47 and a 200-day moving average price of $18.32.

Hedge Funds Weigh In On Global SuperDividend US ETF

Several hedge funds have recently made changes to their positions in DIV. MML Investors Services LLC grew its stake in Global SuperDividend US ETF by 6.4% in the third quarter. MML Investors Services LLC now owns 17,425 shares of the company’s stock worth $326,000 after purchasing an additional 1,053 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in Global SuperDividend US ETF by 5.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 24,751 shares of the company’s stock worth $427,000 after purchasing an additional 1,334 shares during the period. J.W. Cole Advisors Inc. grew its stake in Global SuperDividend US ETF by 10.0% in the third quarter. J.W. Cole Advisors Inc. now owns 15,658 shares of the company’s stock worth $293,000 after purchasing an additional 1,419 shares during the period. Newbridge Financial Services Group Inc. grew its stake in Global SuperDividend US ETF by 57.6% in the second quarter. Newbridge Financial Services Group Inc. now owns 3,940 shares of the company’s stock worth $68,000 after purchasing an additional 1,440 shares during the period. Finally, Chelsea Counsel Co. purchased a new stake in Global SuperDividend US ETF in the third quarter worth $28,000.

Global SuperDividend US ETF Company Profile

The Global X SuperDividend U.S. ETF (DIV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks an equally weighted index of 50 high-dividend, low-volatility securities. DIV was launched on Mar 11, 2013 and is managed by Global X.