Global SuperDividend US ETF (NYSEARCA:DIV) Sees Strong Trading Volume – Here’s Why

by · The Cerbat Gem

Global SuperDividend US ETF (NYSEARCA:DIV – Get Free Report) saw unusually-high trading volume on Tuesday . Approximately 399,845 shares were traded during mid-day trading, an increase of 181% from the previous session’s volume of 142,305 shares.The stock last traded at $18.57 and had previously closed at $18.53.

Global SuperDividend US ETF Price Performance

The stock’s 50 day moving average is $18.44 and its two-hundred day moving average is $17.74. The stock has a market capitalization of $660.65 million, a PE ratio of 9.29 and a beta of 0.74.

Hedge Funds Weigh In On Global SuperDividend US ETF

Several large investors have recently bought and sold shares of DIV. Triad Wealth Partners LLC acquired a new position in shares of Global SuperDividend US ETF during the 2nd quarter worth about $49,000. Newbridge Financial Services Group Inc. boosted its holdings in Global SuperDividend US ETF by 57.6% in the second quarter. Newbridge Financial Services Group Inc. now owns 3,940 shares of the company’s stock valued at $68,000 after purchasing an additional 1,440 shares in the last quarter. Wealth Advisory Solutions LLC increased its stake in Global SuperDividend US ETF by 41.0% in the second quarter. Wealth Advisory Solutions LLC now owns 14,100 shares of the company’s stock valued at $243,000 after purchasing an additional 4,100 shares during the last quarter. J.W. Cole Advisors Inc. raised its holdings in Global SuperDividend US ETF by 16.7% during the second quarter. J.W. Cole Advisors Inc. now owns 14,239 shares of the company’s stock worth $246,000 after purchasing an additional 2,042 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its position in shares of Global SuperDividend US ETF by 131,663.6% during the 2nd quarter. Farther Finance Advisors LLC now owns 14,494 shares of the company’s stock worth $249,000 after buying an additional 14,483 shares during the last quarter.

About Global SuperDividend US ETF

(Get Free Report)

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.

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