Global X S&P 500 Catholic Values ETF Plans Dividend of $0.40 (NASDAQ:CATH)

Global X S&P 500 Catholic Values ETF (NASDAQ:CATH) announced a dividend on Monday, December 29th. Stockholders of record on Tuesday, December 30th will be paid a dividend of 0.4031 per share on Wednesday, January 7th. This represents a dividend yield of 97.0%. The ex-dividend date is Tuesday, December 30th.

Global X S&P 500 Catholic Values ETF Stock Down 0.5%

CATH stock traded down $0.41 during mid-day trading on Tuesday, hitting $82.94. 52,382 shares of the company were exchanged, compared to its average volume of 38,562. Global X S&P 500 Catholic Values ETF has a 12-month low of $58.39 and a 12-month high of $83.81. The firm has a market capitalization of $1.11 billion, a P/E ratio of 25.57 and a beta of 1.04. The business has a fifty day simple moving average of $82.22 and a 200-day simple moving average of $79.44.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. MassMutual Private Wealth & Trust FSB purchased a new stake in Global X S&P 500 Catholic Values ETF in the second quarter valued at approximately $30,000. Creative Planning raised its position in Global X S&P 500 Catholic Values ETF by 21.6% in the 2nd quarter. Creative Planning now owns 36,408 shares of the company’s stock valued at $2,747,000 after purchasing an additional 6,470 shares during the last quarter. Allworth Financial LP boosted its stake in Global X S&P 500 Catholic Values ETF by 33.0% during the 2nd quarter. Allworth Financial LP now owns 73,558 shares of the company’s stock worth $5,550,000 after purchasing an additional 18,271 shares during the period. Wealth Enhancement Advisory Services LLC purchased a new position in Global X S&P 500 Catholic Values ETF during the 2nd quarter worth $219,000. Finally, Savvy Advisors Inc. acquired a new position in Global X S&P 500 Catholic Values ETF in the second quarter valued at $291,000.

About Global X S&P 500 Catholic Values ETF

The Global X S&P 500 Catholic Values ETF (CATH) is an exchange-traded fund that is based on the S&P 500 Catholic Values index. The fund tracks an index of US large-cap stocks selected from the S&P 500. The cap-weighted index omits companies from certain industries at odds with Catholic values. CATH was launched on Apr 18, 2016 and is managed by Global X.