SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) Stock Price Up 0.2% – Time to Buy?

SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) rose 0.2% during mid-day trading on Thursday . The company traded as high as $31.36 and last traded at $31.36. Approximately 3,056 shares traded hands during trading, a decline of 21% from the average daily volume of 3,876 shares. The stock had previously closed at $31.29.

SmartETFs Dividend Builder ETF Stock Up 0.2%

The company has a market capitalization of $40.77 million, a P/E ratio of 23.34 and a beta of 0.75. The stock has a fifty day simple moving average of $30.89 and a 200-day simple moving average of $30.18.

SmartETFs Dividend Builder ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 6th. Shareholders of record on Friday, September 26th will be issued a dividend of $0.14 per share. The ex-dividend date of this dividend is Friday, September 26th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.8%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in SmartETFs Dividend Builder ETF stock. Flow Traders U.S. LLC purchased a new stake in SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 10,613 shares of the company’s stock, valued at approximately $327,000. Flow Traders U.S. LLC owned about 0.82% of SmartETFs Dividend Builder ETF as of its most recent SEC filing.

SmartETFs Dividend Builder ETF Company Profile

The SmartETFs Dividend Builder ETF (DIVS) is an exchange-traded fund that is based on the MSCI World NR index. The fund is an actively-managed portfolio of dividend-paying companies from both developed and emerging markets. The fund seeks income and consistent dividend growth. DIVS was launched on Mar 30, 2012 and is managed by SmartETFs.