Global SuperDividend US ETF (NYSEARCA:DIV) Stock Position Reduced by Patten Group Inc.

Patten Group Inc. cut its stake in shares of Global SuperDividend US ETF (NYSEARCA:DIV) by 4.1% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 17,806 shares of the company’s stock after selling 769 shares during the period. Patten Group Inc.’s holdings in Global SuperDividend US ETF were worth $307,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Triad Wealth Partners LLC purchased a new position in Global SuperDividend US ETF during the second quarter valued at approximately $49,000. JFS Wealth Advisors LLC bought a new stake in Global SuperDividend US ETF in the fourth quarter worth approximately $50,000. Pineridge Advisors LLC bought a new stake in Global SuperDividend US ETF in the fourth quarter worth approximately $104,000. Wealth Advisory Solutions LLC bought a new stake in Global SuperDividend US ETF in the first quarter worth approximately $174,000. Finally, J.W. Cole Advisors Inc. bought a new stake in Global SuperDividend US ETF in the fourth quarter worth approximately $213,000.

Global SuperDividend US ETF Stock Up 0.8 %

DIV stock traded up $0.14 during trading hours on Monday, hitting $18.47. The company’s stock had a trading volume of 58,179 shares, compared to its average volume of 142,326. The company has a market capitalization of $659.93 million, a PE ratio of 9.29 and a beta of 0.74. Global SuperDividend US ETF has a 12 month low of $15.32 and a 12 month high of $18.54. The stock has a 50 day moving average price of $17.63 and a two-hundred day moving average price of $17.27.

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.