Global SuperDividend US ETF (NYSEARCA:DIV) Reaches New 12-Month High at $18.22

Global SuperDividend US ETF (NYSEARCA:DIV)’s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as $18.22 and last traded at $18.22, with a volume of 33192 shares. The stock had previously closed at $18.09.

Global SuperDividend US ETF Stock Up 0.9 %

The company’s 50 day moving average price is $17.30 and its 200 day moving average price is $17.10. The firm has a market capitalization of $652.43 million, a price-to-earnings ratio of 9.29 and a beta of 0.74.

Institutional Investors Weigh In On Global SuperDividend US ETF

Several institutional investors and hedge funds have recently made changes to their positions in DIV. FUKOKU MUTUAL LIFE INSURANCE Co lifted its position in Global SuperDividend US ETF by 40.5% during the fourth quarter. FUKOKU MUTUAL LIFE INSURANCE Co now owns 1,475,000 shares of the company’s stock valued at $25,340,000 after purchasing an additional 425,000 shares during the period. Stratos Wealth Partners LTD. purchased a new position in Global SuperDividend US ETF in the fourth quarter valued at $1,284,000. RFG Advisory LLC purchased a new position in Global SuperDividend US ETF in the fourth quarter valued at $977,000. Arlington Capital Management Inc. purchased a new position in Global SuperDividend US ETF in the first quarter valued at $567,000. Finally, Steward Partners Investment Solutions LLC purchased a new position in Global SuperDividend US ETF in the fourth quarter valued at $374,000.

Global SuperDividend US ETF Company 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.