Harbor Dividend Growth Leaders ETF (NYSEARCA:GDIV) Short Interest Down 25.0% in September

Harbor Dividend Growth Leaders ETF (NYSEARCA:GDIV) was the recipient of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 300 shares, a drop of 25.0% from the August 31st total of 400 shares. Based on an average daily volume of 30,500 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 30,500 shares, the days-to-cover ratio is currently 0.0 days.

Harbor Dividend Growth Leaders ETF Stock Up 0.5%

Shares of GDIV stock opened at $16.20 on Thursday. The stock has a 50-day moving average price of $15.87 and a 200 day moving average price of $15.15. The firm has a market cap of $215.95 million, a price-to-earnings ratio of -31.09 and a beta of 0.88. Harbor Dividend Growth Leaders ETF has a 12 month low of $12.65 and a 12 month high of $16.28.

Institutional Trading of Harbor Dividend Growth Leaders ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Arkadios Wealth Advisors acquired a new stake in Harbor Dividend Growth Leaders ETF in the first quarter worth about $21,091,000. Raymond James Financial Inc. increased its position in Harbor Dividend Growth Leaders ETF by 7.5% in the first quarter. Raymond James Financial Inc. now owns 1,197,551 shares of the company’s stock worth $17,436,000 after purchasing an additional 83,138 shares during the period. LPL Financial LLC increased its position in Harbor Dividend Growth Leaders ETF by 7.4% in the first quarter. LPL Financial LLC now owns 1,045,487 shares of the company’s stock worth $15,222,000 after purchasing an additional 71,853 shares during the period. Transcend Capital Advisors LLC bought a new position in Harbor Dividend Growth Leaders ETF during the first quarter worth about $5,336,000. Finally, Ballentine Partners LLC bought a new position in Harbor Dividend Growth Leaders ETF during the first quarter worth about $4,555,000.

About Harbor Dividend Growth Leaders ETF

The Harbor Dividend Growth Leaders ETF (GDIV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of large-cap, dividend-paying companies in the developed markets. Holdings are selected using a bottom-up fundamental approach. GDIV was launched on Apr 30, 2010 and is managed by Harbor.