AB US High Dividend ETF (NYSEARCA:HIDV – Get Free Report) saw a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 70 shares, a decrease of 97.7% from the August 31st total of 3,066 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 9,603 shares, the short-interest ratio is presently 0.0 days.
Institutional Investors Weigh In On AB US High Dividend ETF
Several large investors have recently made changes to their positions in the company. Wagner Wealth Management LLC increased its position in AB US High Dividend ETF by 2.9% in the 1st quarter. Wagner Wealth Management LLC now owns 97,152 shares of the company’s stock valued at $7,546,000 after acquiring an additional 2,773 shares during the period. Arkadios Wealth Advisors bought a new position in shares of AB US High Dividend ETF during the 1st quarter valued at about $7,372,000. Kingsview Wealth Management LLC grew its position in AB US High Dividend ETF by 74.0% in the fourth quarter. Kingsview Wealth Management LLC now owns 9,403 shares of the company’s stock worth $758,000 after buying an additional 3,998 shares during the last quarter. Finally, Citadel Advisors LLC acquired a new position in AB US High Dividend ETF in the second quarter worth approximately $412,000.
AB US High Dividend ETF Trading Down 0.4%
HIDV traded down $0.33 on Thursday, hitting $89.58. 4,405 shares of the company’s stock were exchanged, compared to its average volume of 12,095. The firm has a market cap of $197.08 million, a PE ratio of 17.91 and a beta of 0.95. The stock has a fifty day moving average of $91.47 and a two-hundred day moving average of $87.29. AB US High Dividend ETF has a twelve month low of $75.31 and a twelve month high of $93.53.
AB US High Dividend ETF Company Profile
The AB US High Dividend ETF (HIDV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is an actively managed fund of high dividend-paying companies. Selection is based on a proprietary systemic approach of large- and mid-cap US stocks. HIDV was launched on Mar 22, 2023 and is managed by AllianceBernstein.
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