Comerica Bank Makes New Investment in Global SuperDividend US ETF (NYSEARCA:DIV)

Comerica Bank acquired a new stake in Global SuperDividend US ETF (NYSEARCA:DIV) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,644 shares of the company’s stock, valued at approximately $48,000.

Other institutional investors have also recently added to or reduced their stakes in the company. CIBC Private Wealth Group LLC grew its stake in shares of Global SuperDividend US ETF by 199.8% in the fourth quarter. CIBC Private Wealth Group LLC now owns 1,553 shares of the company’s stock valued at $28,000 after buying an additional 1,035 shares in the last quarter. Newbridge Financial Services Group Inc. bought a new stake in Global SuperDividend US ETF during the 4th quarter valued at $45,000. SBI Securities Co. Ltd. bought a new stake in shares of Global SuperDividend US ETF in the 4th quarter worth $106,000. Transce3nd LLC bought a new stake in shares of Global SuperDividend US ETF in the 4th quarter worth $117,000. Finally, Crews Bank & Trust acquired a new position in shares of Global SuperDividend US ETF in the 4th quarter worth $132,000.

Global SuperDividend US ETF Trading Up 0.1%

Shares of DIV stock opened at $17.86 on Tuesday. The stock’s fifty day simple moving average is $17.91 and its 200-day simple moving average is $18.36. Global SuperDividend US ETF has a 1-year low of $16.19 and a 1-year high of $19.38. The company has a market capitalization of $644.57 million, a price-to-earnings ratio of 11.55 and a beta of 0.71.

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.