Sequoia Financial Advisors LLC Decreases Stake in Harbor Dividend Growth Leaders ETF $GDIV

Sequoia Financial Advisors LLC lowered its stake in Harbor Dividend Growth Leaders ETF (NYSEARCA:GDIV) by 3.7% in the 1st quarter, HoldingsChannel.com reports. The firm owned 1,156,551 shares of the company’s stock after selling 43,871 shares during the period. Sequoia Financial Advisors LLC owned about 0.09% of Harbor Dividend Growth Leaders ETF worth $19,280,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in GDIV. International Assets Investment Management LLC bought a new position in shares of Harbor Dividend Growth Leaders ETF in the fourth quarter worth approximately $55,000. Royal Bank of Canada purchased a new position in shares of Harbor Dividend Growth Leaders ETF in the fourth quarter worth $109,000. NewEdge Advisors LLC bought a new stake in Harbor Dividend Growth Leaders ETF during the 1st quarter valued at $129,000. Osaic Holdings Inc. raised its holdings in Harbor Dividend Growth Leaders ETF by 37.1% during the 4th quarter. Osaic Holdings Inc. now owns 9,390 shares of the company’s stock valued at $157,000 after buying an additional 2,542 shares during the last quarter. Finally, EP Wealth Advisors LLC purchased a new stake in Harbor Dividend Growth Leaders ETF during the 2nd quarter valued at $280,000.

Harbor Dividend Growth Leaders ETF Price Performance

GDIV traded up $0.05 during trading on Friday, hitting $18.70. 7,566 shares of the stock traded hands, compared to its average volume of 16,136. The firm has a market capitalization of $233.38 million, a P/E ratio of -35.89 and a beta of 0.84. Harbor Dividend Growth Leaders ETF has a 12-month low of $15.29 and a 12-month high of $18.78. The firm has a 50-day moving average of $18.37 and a 200 day moving average of $17.68.

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.