Global SuperDividend US ETF (NYSEARCA:DIV) Hits New 1-Year High at $18.54

Global SuperDividend US ETF (NYSEARCA:DIV) shares reached a new 52-week high on Friday . The stock traded as high as $18.54 and last traded at $18.54, with a volume of 195915 shares trading hands. The stock had previously closed at $18.34.

Global SuperDividend US ETF Stock Up 1.1 %

The firm has a 50-day moving average price of $18.00 and a two-hundred day moving average price of $17.45. The company has a market capitalization of $662.43 million, a P/E ratio of 9.29 and a beta of 0.74.

Institutional Trading of Global SuperDividend US ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Newbridge Financial Services Group Inc. raised its holdings in Global SuperDividend US ETF by 57.6% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 3,940 shares of the company’s stock valued at $68,000 after acquiring an additional 1,440 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in shares of Global SuperDividend US ETF during the second quarter valued at approximately $253,000. Truist Financial Corp raised its stake in shares of Global SuperDividend US ETF by 9.7% in the second quarter. Truist Financial Corp now owns 29,546 shares of the company’s stock valued at $510,000 after purchasing an additional 2,615 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in Global SuperDividend US ETF by 5.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 24,751 shares of the company’s stock worth $427,000 after purchasing an additional 1,334 shares during the period. Finally, AE Wealth Management LLC increased its holdings in Global SuperDividend US ETF by 3.2% in the 2nd quarter. AE Wealth Management LLC now owns 1,159,532 shares of the company’s stock valued at $20,002,000 after buying an additional 35,640 shares during the period.

About Global SuperDividend US ETF

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.