Raymond James & Associates Trims Position in Global SuperDividend US ETF (NYSEARCA:DIV)

Raymond James & Associates decreased its position in shares of Global SuperDividend US ETF (NYSEARCA:DIV) by 15.4% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 140,600 shares of the company’s stock after selling 25,620 shares during the quarter. Raymond James & Associates’ holdings in Global SuperDividend US ETF were worth $2,416,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of DIV. JPMorgan Chase & Co. raised its stake in Global SuperDividend US ETF by 25.7% during the first quarter. JPMorgan Chase & Co. now owns 21,430 shares of the company’s stock worth $452,000 after purchasing an additional 4,378 shares during the period. Private Advisor Group LLC raised its stake in Global SuperDividend US ETF by 28.9% during the first quarter. Private Advisor Group LLC now owns 28,097 shares of the company’s stock worth $593,000 after purchasing an additional 6,297 shares during the period. Centaurus Financial Inc. increased its position in shares of Global SuperDividend US ETF by 18.1% in the first quarter. Centaurus Financial Inc. now owns 14,952 shares of the company’s stock worth $316,000 after acquiring an additional 2,293 shares in the last quarter. UBS Group AG increased its position in shares of Global SuperDividend US ETF by 3.0% in the first quarter. UBS Group AG now owns 40,923 shares of the company’s stock worth $864,000 after acquiring an additional 1,181 shares in the last quarter. Finally, Atria Wealth Solutions Inc. acquired a new stake in shares of Global SuperDividend US ETF in the first quarter worth $555,000.

Global SuperDividend US ETF Stock Down 0.8 %

Global SuperDividend US ETF stock opened at $16.65 on Tuesday. Global SuperDividend US ETF has a 52-week low of $15.32 and a 52-week high of $17.60. The firm has a fifty day moving average of $16.92 and a 200-day moving average of $16.66. The firm has a market capitalization of $595.40 million, a P/E ratio of 9.11 and a beta of 0.74.

Global SuperDividend US ETF 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.