LPL Financial LLC Increases Position in Global X DAX Germany ETF (NASDAQ:DAX)

LPL Financial LLC boosted its holdings in Global X DAX Germany ETF (NASDAQ:DAX) by 25.3% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 105,299 shares of the exchange traded fund’s stock after purchasing an additional 21,285 shares during the quarter. LPL Financial LLC owned about 1.94% of Global X DAX Germany ETF worth $4,117,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Genesee Capital Advisors LLC bought a new position in shares of Global X DAX Germany ETF in the first quarter worth approximately $1,543,000. Jane Street Group LLC lifted its stake in shares of Global X DAX Germany ETF by 18.0% in the fourth quarter. Jane Street Group LLC now owns 20,211 shares of the exchange traded fund’s stock worth $673,000 after buying an additional 3,082 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Global X DAX Germany ETF in the first quarter worth approximately $79,000. CWM LLC bought a new position in shares of Global X DAX Germany ETF in the first quarter worth approximately $61,000. Finally, Apollon Wealth Management LLC lifted its stake in shares of Global X DAX Germany ETF by 3.2% in the first quarter. Apollon Wealth Management LLC now owns 18,503 shares of the exchange traded fund’s stock worth $723,000 after buying an additional 581 shares in the last quarter.

Global X DAX Germany ETF Stock Performance

Shares of NASDAQ DAX opened at $45.30 on Friday. The firm’s 50 day moving average price is $44.56 and its 200-day moving average price is $41.55. The company has a market cap of $330.24 million, a PE ratio of 18.27 and a beta of 1.01. Global X DAX Germany ETF has a 52-week low of $32.28 and a 52-week high of $46.09.

Global X DAX Germany ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, July 7th. Investors of record on Friday, June 27th were given a dividend of $0.5872 per share. This is a positive change from Global X DAX Germany ETF’s previous dividend of $0.09. The ex-dividend date was Friday, June 27th.

About Global X DAX Germany ETF

The Global X DAX Germany ETF (DAX) is an exchange-traded fund that is based on the DAX index, a market-cap-weighted, total return index of the 30 largest and most liquid securities traded on the Frankfurt Exchange. DAX was launched on Oct 22, 2014 and is managed by Global X.