Cypress Capital Group Acquires New Holdings in Global X SuperDividend U.S. ETF $DIV

Cypress Capital Group acquired a new stake in shares of Global X SuperDividend U.S. ETF (NYSEARCA:DIV) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 25,319 shares of the company’s stock, valued at approximately $445,000. Cypress Capital Group owned 0.07% of Global X SuperDividend U.S. ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Eagle Strategies LLC lifted its position in Global X SuperDividend U.S. ETF by 7.0% during the second quarter. Eagle Strategies LLC now owns 39,354 shares of the company’s stock valued at $692,000 after purchasing an additional 2,572 shares during the period. Simplicity Wealth LLC lifted its position in Global X SuperDividend U.S. ETF by 72.8% during the second quarter. Simplicity Wealth LLC now owns 27,414 shares of the company’s stock valued at $482,000 after purchasing an additional 11,547 shares during the period. Ameritas Advisory Services LLC bought a new position in Global X SuperDividend U.S. ETF during the second quarter valued at approximately $36,000. Mirae Asset Global Investments Co. Ltd. lifted its position in Global X SuperDividend U.S. ETF by 5.1% during the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 124,000 shares of the company’s stock valued at $2,180,000 after purchasing an additional 6,000 shares during the period. Finally, Chelsea Counsel Co. lifted its position in Global X SuperDividend U.S. ETF by 46.6% during the second quarter. Chelsea Counsel Co. now owns 5,350 shares of the company’s stock valued at $94,000 after purchasing an additional 1,700 shares during the period.

Global X SuperDividend U.S. ETF Trading Up 0.7%

DIV opened at $16.97 on Tuesday. Global X SuperDividend U.S. ETF has a 1-year low of $16.19 and a 1-year high of $19.38. The company has a market capitalization of $621.44 million, a PE ratio of 11.57 and a beta of 1.02. The firm’s 50 day simple moving average is $17.62 and its two-hundred day simple moving average is $17.65.

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.