Commonwealth Equity Services LLC Has $2.91 Million Stock Position in Global X SuperDividend U.S. ETF $DIV

Commonwealth Equity Services LLC lowered its position in shares of Global X SuperDividend U.S. ETF (NYSEARCA:DIV) by 14.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 167,814 shares of the company’s stock after selling 28,608 shares during the quarter. Commonwealth Equity Services LLC owned approximately 0.45% of Global X SuperDividend U.S. ETF worth $2,907,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Raleigh Capital Management Inc. acquired a new stake in shares of Global X SuperDividend U.S. ETF during the 4th quarter worth about $62,000. SBI Securities Co. Ltd. increased its position in shares of Global X SuperDividend U.S. ETF by 8.4% during the 4th quarter. SBI Securities Co. Ltd. now owns 7,047 shares of the company’s stock worth $122,000 after purchasing an additional 546 shares in the last quarter. Focus Financial Network Inc. acquired a new stake in shares of Global X SuperDividend U.S. ETF during the 4th quarter worth about $178,000. Kingdom Financial Group LLC. acquired a new stake in shares of Global X SuperDividend U.S. ETF during the 4th quarter worth about $218,000. Finally, Centennial Advisors LLC acquired a new stake in shares of Global X SuperDividend U.S. ETF during the 4th quarter worth about $226,000.

Global X SuperDividend U.S. ETF Stock Up 0.4%

Shares of Global X SuperDividend U.S. ETF stock opened at $19.00 on Wednesday. The stock has a market capitalization of $730.55 million, a P/E ratio of 11.57 and a beta of 0.59. The company has a 50-day simple moving average of $19.19 and a 200 day simple moving average of $18.66. Global X SuperDividend U.S. ETF has a 12-month low of $16.84 and a 12-month high of $19.76.

Global X SuperDividend U.S. ETF Profile

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.