Arrow Dow Jones Global Yield ETF (NYSEARCA:GYLD) Stock Price Down 0.6% – Time to Sell?

Arrow Dow Jones Global Yield ETF (NYSEARCA:GYLD) shares traded down 0.6% during mid-day trading on Thursday . The company traded as low as $12.65 and last traded at $12.73. 1,726 shares were traded during trading, a decline of 75% from the average session volume of 6,846 shares. The stock had previously closed at $12.81.

Arrow Dow Jones Global Yield ETF Trading Up 0.7 %

The business has a fifty day moving average of $12.63 and a 200-day moving average of $12.97. The firm has a market cap of $20.26 million, a PE ratio of 10.19 and a beta of 0.95.

Institutional Trading of Arrow Dow Jones Global Yield ETF

Several institutional investors and hedge funds have recently modified their holdings of GYLD. Raymond James Financial Inc. purchased a new stake in shares of Arrow Dow Jones Global Yield ETF in the 4th quarter valued at about $133,000. LPL Financial LLC raised its holdings in shares of Arrow Dow Jones Global Yield ETF by 19.2% in the 4th quarter. LPL Financial LLC now owns 27,703 shares of the company’s stock valued at $340,000 after acquiring an additional 4,453 shares in the last quarter. Finally, Citadel Advisors LLC raised its holdings in shares of Arrow Dow Jones Global Yield ETF by 14.6% in the 4th quarter. Citadel Advisors LLC now owns 56,716 shares of the company’s stock valued at $696,000 after acquiring an additional 7,209 shares in the last quarter.

Arrow Dow Jones Global Yield ETF Company Profile

The Arrow Dow Jones Global Yield ETF (GYLD) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund tracks an index weighted equally between equities, sovereign debt, corporate debt, real estate and energy. The ETF seeks to invest in 150 securities and provide monthly distributions.