Talon Private Wealth LLC Purchases Shares of 29,624 Global X Alternative Income ETF (NASDAQ:ALTY)

Talon Private Wealth LLC acquired a new position in shares of Global X Alternative Income ETF (NASDAQ:ALTY) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 29,624 shares of the company’s stock, valued at approximately $343,000. Talon Private Wealth LLC owned 1.05% of Global X Alternative Income ETF at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. Envestnet Asset Management Inc. raised its stake in Global X Alternative Income ETF by 3.8% during the fourth quarter. Envestnet Asset Management Inc. now owns 27,525 shares of the company’s stock worth $319,000 after purchasing an additional 1,000 shares during the period. SBI Securities Co. Ltd. acquired a new stake in shares of Global X Alternative Income ETF during the 4th quarter worth $71,000. Finally, Wells Fargo & Company MN raised its position in shares of Global X Alternative Income ETF by 2,104,300.0% in the 4th quarter. Wells Fargo & Company MN now owns 21,044 shares of the company’s stock worth $244,000 after buying an additional 21,043 shares during the period.

Global X Alternative Income ETF Trading Down 0.3 %

ALTY stock opened at $11.42 on Thursday. The company has a market cap of $31.98 million, a PE ratio of 18.48 and a beta of 0.99. The stock has a 50-day moving average price of $11.53 and a two-hundred day moving average price of $11.76. Global X Alternative Income ETF has a 12-month low of $10.57 and a 12-month high of $12.19.

Global X Alternative Income ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Thursday, April 10th. Stockholders of record on Thursday, April 3rd were paid a $0.074 dividend. This represents a $0.89 dividend on an annualized basis and a dividend yield of 7.78%. The ex-dividend date of this dividend was Thursday, April 3rd.

Global X Alternative Income ETF Company Profile

The Global X Alternative Income ETF (ALTY) is an exchange-traded fund that is based on the Indxx SuperDividend Alternatives index. The fund tracks an index consisting of a variety of assets such as equity, debt securities and covered calls. Selected based on high dividend yield and low volatility. ALTY was launched on Jul 14, 2015 and is managed by Global X.