Concorde Asset Management LLC Purchases New Stake in Altrius Global Dividend ETF $DIVD

Concorde Asset Management LLC acquired a new position in shares of Altrius Global Dividend ETF (NASDAQ:DIVD) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 19,500 shares of the company’s stock, valued at approximately $132,000. Concorde Asset Management LLC owned approximately 4.06% of Altrius Global Dividend ETF as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Altrius Capital Management Inc grew its holdings in Altrius Global Dividend ETF by 22.9% in the 4th quarter. Altrius Capital Management Inc now owns 155,162 shares of the company’s stock valued at $5,979,000 after buying an additional 28,909 shares in the last quarter. Bank of America Corp DE purchased a new position in shares of Altrius Global Dividend ETF during the 2nd quarter worth $4,664,000. Capstone Investment Advisors LLC purchased a new position in shares of Altrius Global Dividend ETF during the 2nd quarter worth $3,169,000. Finally, Centaurus Financial Inc. acquired a new position in shares of Altrius Global Dividend ETF during the 2nd quarter valued at about $118,000.

Altrius Global Dividend ETF Trading Down 1.1%

Shares of DIVD stock opened at $44.96 on Friday. Altrius Global Dividend ETF has a twelve month low of $36.11 and a twelve month high of $45.72. The company’s 50-day moving average price is $44.04 and its 200-day moving average price is $42.71. The stock has a market cap of $23.38 million, a price-to-earnings ratio of 14.67 and a beta of 0.65.

Altrius Global Dividend ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, August 31st. Shareholders of record on Thursday, August 27th will be issued a $0.0458 dividend. The ex-dividend date is Thursday, August 27th.

Altrius Global Dividend ETF Profile

The Altrius Global Dividend ETF Altrius Global Divid ETF (DIVD) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is an actively managed fund that invests in higher-than-average dividend-paying companies across different countries. Securities are selected for their positive demographics, attractive valuations, and sustainable dividends. DIVD was launched on Sep 30, 2022 and is managed by Alpha Architect.