49 Wealth Management LLC Raises Position in The Opal International Dividend Income ETF $IDVZ

49 Wealth Management LLC boosted its position in shares of The Opal International Dividend Income ETF (NYSEARCA:IDVZ) by 20.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,798,194 shares of the company’s stock after buying an additional 472,619 shares during the period. Opal International Dividend Income ETF makes up about 8.4% of 49 Wealth Management LLC’s portfolio, making the stock its 4th biggest holding. 49 Wealth Management LLC owned about 89.97% of Opal International Dividend Income ETF worth $81,875,000 at the end of the most recent reporting period.

Opal International Dividend Income ETF Price Performance

NYSEARCA:IDVZ opened at $30.72 on Monday. The company has a market cap of $111.21 million, a price-to-earnings ratio of 12.70 and a beta of 0.86. The Opal International Dividend Income ETF has a 1 year low of $24.52 and a 1 year high of $31.36. The stock’s 50 day simple moving average is $30.47 and its two-hundred day simple moving average is $29.51.

Opal International Dividend Income ETF Profile

The Opal International Dividend Income ETF (IDVZ) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is actively managed investing in dividend paying companies in the global ex-US space. It aims for capital appreciation and a higher dividend yield compared to the MSCI ACWI ex USA High Dividend Yield Total Return Index IDVZ was launched on Dec 26, 2024 and is issued by OPAL.