XML Financial LLC Cuts Holdings in Global X S&P 500 Quality Dividend ETF $QDIV

XML Financial LLC lowered its position in Global X S&P 500 Quality Dividend ETF (NYSEARCA:QDIV) by 79.2% in the second quarter, HoldingsChannel reports. The fund owned 29,863 shares of the company’s stock after selling 113,863 shares during the quarter. XML Financial LLC’s holdings in Global X S&P 500 Quality Dividend ETF were worth $1,112,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Compound Planning Inc. grew its position in shares of Global X S&P 500 Quality Dividend ETF by 2.8% during the 1st quarter. Compound Planning Inc. now owns 14,586 shares of the company’s stock valued at $536,000 after acquiring an additional 403 shares during the period. Harbour Investments Inc. raised its holdings in Global X S&P 500 Quality Dividend ETF by 8.0% in the 4th quarter. Harbour Investments Inc. now owns 68,528 shares of the company’s stock worth $2,390,000 after purchasing an additional 5,095 shares during the period. Susquehanna International Group LLP raised its holdings in Global X S&P 500 Quality Dividend ETF by 102.3% in the 3rd quarter. Susquehanna International Group LLP now owns 15,810 shares of the company’s stock worth $556,000 after purchasing an additional 7,994 shares during the period. Bank of America Corp DE purchased a new position in Global X S&P 500 Quality Dividend ETF during the second quarter worth approximately $53,000. Finally, Jane Street Group LLC purchased a new position in Global X S&P 500 Quality Dividend ETF during the second quarter worth approximately $1,257,000.

Global X S&P 500 Quality Dividend ETF Trading Up 0.4%

Shares of QDIV opened at $40.82 on Thursday. The firm has a market cap of $31.02 million, a P/E ratio of 15.17 and a beta of 0.67. Global X S&P 500 Quality Dividend ETF has a 12 month low of $33.56 and a 12 month high of $41.30. The stock’s 50 day moving average is $39.37 and its two-hundred day moving average is $37.86.

Global X S&P 500 Quality Dividend ETF Profile

The Global X S&P 500 Quality Dividend ETF (QDIV) is an exchange-traded fund that is based on the S&P 500 Quality High Dividend index. The fund tracks an index of equal-weighted US large-cap stocks selected from the S&P 500 Index based on quality and dividend metrics. QDIV was launched on Jul 13, 2018 and is managed by Global X.