SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) Shares Down 0.9% – Here’s What Happened

SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) traded down 0.9% during mid-day trading on Monday . The company traded as low as $30.63 and last traded at $30.73. 454 shares traded hands during mid-day trading, a decline of 88% from the average session volume of 3,634 shares. The stock had previously closed at $31.01.

SmartETFs Dividend Builder ETF Stock Performance

The stock has a market cap of $39.83 million, a PE ratio of 23.34 and a beta of 0.71. The firm’s 50-day moving average is $31.17 and its 200 day moving average is $30.80.

SmartETFs Dividend Builder ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, October 6th. Shareholders of record on Friday, September 26th were issued a $0.14 dividend. The ex-dividend date of this dividend was Friday, September 26th. This represents a $0.56 dividend on an annualized basis and a yield of 1.8%.

Institutional Trading of SmartETFs Dividend Builder ETF

An institutional investor recently raised its position in SmartETFs Dividend Builder ETF stock. Flow Traders U.S. LLC lifted its position in shares of SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) by 151.4% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 26,680 shares of the company’s stock after buying an additional 16,067 shares during the period. Flow Traders U.S. LLC owned approximately 2.05% of SmartETFs Dividend Builder ETF worth $830,000 as of its most recent SEC filing.

SmartETFs Dividend Builder ETF Company Profile

The SmartETFs Dividend Builder ETF (DIVS) is an exchange-traded fund that is based on the MSCI World NR index. The fund is an actively-managed portfolio of dividend-paying companies from both developed and emerging markets. The fund seeks income and consistent dividend growth. DIVS was launched on Mar 30, 2012 and is managed by SmartETFs.