Global SuperDividend US ETF (NYSEARCA:DIV) Hits New 1-Year High – Should You Buy?

Shares of Global SuperDividend US ETF (NYSEARCA:DIV) reached a new 52-week high during trading on Thursday . The stock traded as high as $18.93 and last traded at $18.93, with a volume of 31192 shares trading hands. The stock had previously closed at $18.81.

Global SuperDividend US ETF Trading Up 1.3 %

The stock has a market cap of $680.66 million, a P/E ratio of 9.29 and a beta of 0.74. The stock has a 50 day simple moving average of $18.57 and a 200 day simple moving average of $17.96.

Institutional Investors Weigh In On Global SuperDividend US ETF

Several hedge funds have recently added to or reduced their stakes in the business. MML Investors Services LLC lifted its holdings in Global SuperDividend US ETF by 6.4% in the third quarter. MML Investors Services LLC now owns 17,425 shares of the company’s stock valued at $326,000 after buying an additional 1,053 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Global SuperDividend US ETF by 5.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 24,751 shares of the company’s stock valued at $427,000 after purchasing an additional 1,334 shares during the period. J.W. Cole Advisors Inc. grew its stake in Global SuperDividend US ETF by 10.0% during the third quarter. J.W. Cole Advisors Inc. now owns 15,658 shares of the company’s stock worth $293,000 after purchasing an additional 1,419 shares during the period. Newbridge Financial Services Group Inc. increased its holdings in Global SuperDividend US ETF by 57.6% in the second quarter. Newbridge Financial Services Group Inc. now owns 3,940 shares of the company’s stock worth $68,000 after purchasing an additional 1,440 shares in the last quarter. Finally, PFG Investments LLC boosted its holdings in shares of Global SuperDividend US ETF by 9.6% during the 3rd quarter. PFG Investments LLC now owns 17,527 shares of the company’s stock worth $328,000 after buying an additional 1,530 shares in the last quarter.

Global SuperDividend US ETF Company Profile

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.