Private Advisor Group LLC Boosts Stake in Global X SuperDividend U.S. ETF $DIV

Private Advisor Group LLC grew its stake in shares of Global X SuperDividend U.S. ETF (NYSEARCA:DIV) by 426.9% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 89,830 shares of the company’s stock after buying an additional 72,780 shares during the quarter. Private Advisor Group LLC owned 0.24% of Global X SuperDividend U.S. ETF worth $1,698,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in DIV. Royal Bank of Canada raised its position in Global X SuperDividend U.S. ETF by 11.4% during the first quarter. Royal Bank of Canada now owns 118,261 shares of the company’s stock valued at $2,228,000 after purchasing an additional 12,134 shares in the last quarter. Jones Financial Companies Lllp increased its position in shares of Global X SuperDividend U.S. ETF by 58.9% during the 1st quarter. Jones Financial Companies Lllp now owns 18,815 shares of the company’s stock valued at $354,000 after purchasing an additional 6,974 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Global X SuperDividend U.S. ETF by 700.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 84,127 shares of the company’s stock valued at $1,585,000 after buying an additional 73,617 shares in the last quarter. UBS Group AG raised its holdings in shares of Global X SuperDividend U.S. ETF by 8.2% during the 3rd quarter. UBS Group AG now owns 43,842 shares of the company’s stock valued at $776,000 after buying an additional 3,330 shares in the last quarter. Finally, Two Sigma Investments LP raised its holdings in shares of Global X SuperDividend U.S. ETF by 34.7% during the 3rd quarter. Two Sigma Investments LP now owns 163,400 shares of the company’s stock valued at $2,891,000 after buying an additional 42,100 shares in the last quarter.

Global X SuperDividend U.S. ETF Stock Performance

NYSEARCA:DIV traded up $0.12 during mid-day trading on Friday, reaching $19.30. The stock had a trading volume of 159,340 shares, compared to its average volume of 290,664. The stock has a market capitalization of $763.32 million, a P/E ratio of 11.57 and a beta of 0.59. The firm has a 50 day moving average price of $19.17 and a two-hundred day moving average price of $18.90. Global X SuperDividend U.S. ETF has a one year low of $16.84 and a one year high of $19.76.

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.