Global X SuperDividend U.S. ETF (NYSEARCA:DIV) Hits New 12-Month High – Here’s Why

Global X SuperDividend U.S. ETF (NYSEARCA:DIVGet Free Report) shares hit a new 52-week high during trading on Thursday . The stock traded as high as $19.79 and last traded at $19.79, with a volume of 109891 shares traded. The stock had previously closed at $19.42.

Global X SuperDividend U.S. ETF Trading Up 2.1%

The stock has a market cap of $783.88 million, a P/E ratio of 11.57 and a beta of 0.59. The business has a 50-day simple moving average of $19.18 and a 200 day simple moving average of $18.95.

Institutional Trading of Global X SuperDividend U.S. ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. AE Wealth Management LLC lifted its position in shares of Global X SuperDividend U.S. ETF by 6.4% in the 4th quarter. AE Wealth Management LLC now owns 1,142,553 shares of the company’s stock worth $19,789,000 after purchasing an additional 68,526 shares during the period. Bank of America Corp DE lifted its holdings in Global X SuperDividend U.S. ETF by 7.9% in the first quarter. Bank of America Corp DE now owns 412,373 shares of the company’s stock valued at $7,794,000 after buying an additional 30,060 shares during the period. Wealthfront Advisers LLC boosted its position in Global X SuperDividend U.S. ETF by 6.6% during the fourth quarter. Wealthfront Advisers LLC now owns 339,053 shares of the company’s stock valued at $5,872,000 after acquiring an additional 20,869 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in Global X SuperDividend U.S. ETF by 18.6% during the 4th quarter. Goldman Sachs Group Inc. now owns 318,104 shares of the company’s stock worth $5,510,000 after acquiring an additional 49,865 shares during the period. Finally, Clarity Financial LLC acquired a new stake in Global X SuperDividend U.S. ETF during the 4th quarter worth about $5,272,000.

About Global X SuperDividend U.S. ETF

(Get Free Report)

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.

Further Reading

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