Mutual Advisors LLC Raises Stake in Global X SuperDividend U.S. ETF $DIV

Mutual Advisors LLC grew its stake in shares of Global X SuperDividend U.S. ETF (NYSEARCA:DIV) by 23.4% during the 2nd quarter, Holdings Channel.com reports. The firm owned 36,840 shares of the company’s stock after acquiring an additional 6,975 shares during the period. Mutual Advisors LLC’s holdings in Global X SuperDividend U.S. ETF were worth $657,000 at the end of the most recent reporting period.

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

Global X SuperDividend U.S. ETF Stock Up 0.6%

NYSEARCA:DIV opened at $17.19 on Monday. The company has a market capitalization of $628.12 million, a PE ratio of 11.57 and a beta of 1.02. Global X SuperDividend U.S. ETF has a 52-week low of $16.19 and a 52-week high of $19.38. The stock has a fifty day simple moving average of $17.60 and a 200-day simple moving average of $17.61.

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.