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

Global SuperDividend US ETF (NYSEARCA:DIV) shares saw unusually-high trading volume on Thursday . Approximately 88,896 shares changed hands during trading, a decline of 38% from the previous session’s volume of 144,283 shares.The stock last traded at $18.35 and had previously closed at $18.35.

Global SuperDividend US ETF Stock Up 0.5 %

The business’s 50 day simple moving average is $18.46 and its 200 day simple moving average is $18.33. The company has a market capitalization of $661.72 million, a PE ratio of 9.29 and a beta of 0.74.

Institutional Trading of Global SuperDividend US ETF

Several large investors have recently added to or reduced their stakes in the company. Chelsea Counsel Co. acquired a new position in shares of Global SuperDividend US ETF in the 3rd quarter valued at about $28,000. Newbridge Financial Services Group Inc. increased its stake in Global SuperDividend US ETF by 57.6% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 3,940 shares of the company’s stock valued at $68,000 after buying an additional 1,440 shares during the period. Crews Bank & Trust purchased a new stake in Global SuperDividend US ETF in the 4th quarter worth approximately $132,000. Sanctuary Advisors LLC acquired a new stake in shares of Global SuperDividend US ETF during the 2nd quarter valued at $253,000. Finally, J.W. Cole Advisors Inc. boosted its stake in shares of Global SuperDividend US ETF by 10.0% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 15,658 shares of the company’s stock valued at $293,000 after buying an additional 1,419 shares during the period.

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.