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

Global X SuperDividend U.S. ETF (NYSEARCA:DIV) reached a new 52-week high on Tuesday . The company traded as high as $19.69 and last traded at $19.5030, with a volume of 37457 shares traded. The stock had previously closed at $19.55.

Global X SuperDividend U.S. ETF Trading Up 0.2%

The firm has a 50 day moving average of $18.14 and a 200-day moving average of $17.73. The company has a market cap of $730.07 million, a P/E ratio of 11.57 and a beta of 0.67.

Global X SuperDividend U.S. ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, February 9th. Stockholders of record on Wednesday, February 4th were issued a $0.102 dividend. This represents a c) annualized dividend and a dividend yield of 6.3%. The ex-dividend date of this dividend was Wednesday, February 4th.

Hedge Funds Weigh In On Global X SuperDividend U.S. ETF

Several institutional investors have recently bought and sold shares of DIV. Royal Bank of Canada lifted its stake in Global X SuperDividend U.S. ETF by 11.4% in the 1st quarter. Royal Bank of Canada now owns 118,261 shares of the company’s stock worth $2,228,000 after purchasing an additional 12,134 shares in the last quarter. Jones Financial Companies Lllp increased its holdings in shares of Global X SuperDividend U.S. ETF by 58.9% in the first quarter. Jones Financial Companies Lllp now owns 18,815 shares of the company’s stock worth $354,000 after purchasing an additional 6,974 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Global X SuperDividend U.S. ETF by 700.4% in the first quarter. Goldman Sachs Group Inc. now owns 84,127 shares of the company’s stock worth $1,585,000 after buying an additional 73,617 shares in the last quarter. Stratos Wealth Partners LTD. boosted its stake in Global X SuperDividend U.S. ETF by 2.6% during the second quarter. Stratos Wealth Partners LTD. now owns 68,423 shares of the company’s stock valued at $1,203,000 after buying an additional 1,738 shares during the last quarter. Finally, LifeWealth Investments LLC grew its holdings in Global X SuperDividend U.S. ETF by 25.7% during the 2nd quarter. LifeWealth Investments LLC now owns 29,689 shares of the company’s stock valued at $522,000 after buying an additional 6,070 shares in the last quarter.

Global X SuperDividend U.S. 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.