Mutual Advisors LLC Increases Stock Position in Global X SuperDividend U.S. ETF $DIV

Mutual Advisors LLC boosted its stake in shares of Global X SuperDividend U.S. ETF (NYSEARCA:DIV) by 23.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,840 shares of the company’s stock after buying an additional 6,975 shares during the quarter. Mutual Advisors LLC owned 0.10% of Global X SuperDividend U.S. ETF worth $657,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Kestra Private Wealth Services LLC boosted its stake in Global X SuperDividend U.S. ETF by 9.0% during the first quarter. Kestra Private Wealth Services LLC now owns 17,224 shares of the company’s stock worth $324,000 after buying an additional 1,415 shares during the period. LPL Financial LLC boosted its stake in Global X SuperDividend U.S. ETF by 8.3% during the first quarter. LPL Financial LLC now owns 938,037 shares of the company’s stock worth $17,673,000 after buying an additional 71,727 shares during the period. Farther Finance Advisors LLC boosted its stake in Global X SuperDividend U.S. ETF by 4.3% during the second quarter. Farther Finance Advisors LLC now owns 22,080 shares of the company’s stock worth $388,000 after buying an additional 907 shares during the period. Cetera Investment Advisers purchased a new position in Global X SuperDividend U.S. ETF during the first quarter worth about $1,292,000. Finally, US Bancorp DE purchased a new position in Global X SuperDividend U.S. ETF during the first quarter worth about $100,000.

Global X SuperDividend U.S. ETF Stock Performance

NYSEARCA DIV opened at $17.19 on Monday. The firm has a 50 day simple moving average of $17.60 and a 200-day simple moving average of $17.61. Global X SuperDividend U.S. ETF has a one year low of $16.19 and a one year high of $19.38. The firm has a market cap of $628.12 million, a price-to-earnings ratio of 11.57 and a beta of 1.02.

Global X SuperDividend U.S. ETF 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.