Arrow Dow Jones Global Yield ETF (NYSEARCA:GYLD) Trading 0.6% Higher – Here’s What Happened

Shares of Arrow Dow Jones Global Yield ETF (NYSEARCA:GYLD) were up 0.6% during mid-day trading on Wednesday . The stock traded as high as $14.47 and last traded at $14.39. 8,290 shares traded hands during trading, a decline of 52% from the average daily volume of 17,308 shares. The stock had previously closed at $14.31.

Arrow Dow Jones Global Yield ETF Price Performance

The stock’s 50-day moving average is $14.29 and its 200 day moving average is $14.12. The company has a market cap of $38.07 million, a PE ratio of 11.13 and a beta of 0.55.

Institutional Investors Weigh In On Arrow Dow Jones Global Yield ETF

A number of large investors have recently modified their holdings of GYLD. LPL Financial LLC increased its position in shares of Arrow Dow Jones Global Yield ETF by 17.8% in the 4th quarter. LPL Financial LLC now owns 207,047 shares of the company’s stock valued at $2,793,000 after acquiring an additional 31,268 shares during the period. Regal Investment Advisors LLC acquired a new stake in Arrow Dow Jones Global Yield ETF during the 4th quarter worth about $319,000. Jane Street Group LLC acquired a new stake in Arrow Dow Jones Global Yield ETF during the 2nd quarter worth about $305,000. NewEdge Advisors LLC acquired a new stake in Arrow Dow Jones Global Yield ETF during the 1st quarter worth about $209,000. Finally, Osaic Holdings Inc. grew its stake in Arrow Dow Jones Global Yield ETF by 18.4% during the 4th quarter. Osaic Holdings Inc. now owns 56,158 shares of the company’s stock valued at $758,000 after purchasing an additional 8,713 shares during the last quarter.

Arrow Dow Jones Global Yield ETF Company Profile

The Arrow Dow Jones Global Yield ETF (GYLD) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund tracks an index weighted equally between equities, sovereign debt, corporate debt, real estate and energy. The ETF seeks to invest in 150 securities and provide monthly distributions. GYLD was launched on May 8, 2012 and is managed by ArrowShares.