Harbor Dividend Growth Leaders ETF (NYSE:GDIV) Sees Significant Decrease in Short Interest

Harbor Dividend Growth Leaders ETF (NYSE:GDIV) was the target of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 14,670 shares, a decrease of 68.7% from the August 31st total of 46,873 shares. Based on an average trading volume of 7,360 shares, the short-interest ratio is currently 2.0 days. Currently, 0.1% of the company’s stock are short sold.

Harbor Dividend Growth Leaders ETF Stock Performance

NYSE GDIV traded up $0.15 during trading hours on Friday, hitting $18.53. 8,016 shares of the company traded hands, compared to its average volume of 14,648. The business’s 50-day moving average is $18.85 and its 200-day moving average is $18.24. Harbor Dividend Growth Leaders ETF has a twelve month low of $15.74 and a twelve month high of $19.23. The stock has a market capitalization of $236.26 million, a price-to-earnings ratio of -35.57 and a beta of 0.83.

Institutional Trading of Harbor Dividend Growth Leaders ETF

Several hedge funds have recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. boosted its position in shares of Harbor Dividend Growth Leaders ETF by 2.4% in the second quarter. Envestnet Asset Management Inc. now owns 108,847 shares of the company’s stock valued at $2,007,000 after acquiring an additional 2,581 shares during the period. Sequoia Financial Advisors LLC increased its position in shares of Harbor Dividend Growth Leaders ETF by 1.1% in the second quarter. Sequoia Financial Advisors LLC now owns 1,169,405 shares of the company’s stock worth $21,566,000 after purchasing an additional 12,854 shares during the period. IFP Advisors Inc increased its position in shares of Harbor Dividend Growth Leaders ETF by 68.3% in the second quarter. IFP Advisors Inc now owns 4,543 shares of the company’s stock worth $84,000 after purchasing an additional 1,844 shares during the period. Citadel Advisors LLC raised its stake in Harbor Dividend Growth Leaders ETF by 26.2% in the second quarter. Citadel Advisors LLC now owns 22,226 shares of the company’s stock valued at $410,000 after purchasing an additional 4,618 shares in the last quarter. Finally, Royal Bank of Canada raised its stake in Harbor Dividend Growth Leaders ETF by 335.8% in the first quarter. Royal Bank of Canada now owns 28,565 shares of the company’s stock valued at $476,000 after purchasing an additional 22,011 shares in the last quarter.

About Harbor Dividend Growth Leaders ETF

The Harbor Dividend Growth Leaders ETF (GDIV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of large-cap, dividend-paying companies in the developed markets. Holdings are selected using a bottom-up fundamental approach. GDIV was launched on Apr 30, 2010 and is managed by Harbor.