Cypress Capital Group Invests $445,000 in Global X SuperDividend U.S. ETF $DIV

Cypress Capital Group purchased a new position in shares of Global X SuperDividend U.S. ETF (NYSEARCA:DIVFree Report) during the 2nd quarter, Holdings Channel reports. The institutional investor purchased 25,319 shares of the company’s stock, valued at approximately $445,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Ameritas Advisory Services LLC purchased a new position in shares of Global X SuperDividend U.S. ETF during the 2nd quarter worth $36,000. Chelsea Counsel Co. increased its stake in shares of Global X SuperDividend U.S. ETF by 62.2% in the first quarter. Chelsea Counsel Co. now owns 3,650 shares of the company’s stock worth $69,000 after purchasing an additional 1,400 shares in the last quarter. US Bancorp DE purchased a new stake in shares of Global X SuperDividend U.S. ETF in the first quarter worth $100,000. SBI Securities Co. Ltd. increased its stake in shares of Global X SuperDividend U.S. ETF by 13.5% in the first quarter. SBI Securities Co. Ltd. now owns 6,644 shares of the company’s stock worth $125,000 after purchasing an additional 788 shares in the last quarter. Finally, Private Advisor Group LLC increased its stake in shares of Global X SuperDividend U.S. ETF by 5.5% in the first quarter. Private Advisor Group LLC now owns 11,110 shares of the company’s stock worth $209,000 after purchasing an additional 582 shares in the last quarter.

Global X SuperDividend U.S. ETF Price Performance

Shares of NYSEARCA DIV opened at $16.97 on Tuesday. The firm has a fifty day moving average price of $17.62 and a 200-day moving average price of $17.65. The stock has a market cap of $621.44 million, a PE ratio of 11.57 and a beta of 1.02. Global X SuperDividend U.S. ETF has a 1 year low of $16.19 and a 1 year high of $19.38.

Global X SuperDividend U.S. ETF Profile

(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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Institutional Ownership by Quarter for Global X SuperDividend U.S. ETF (NYSEARCA:DIV)

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