Global X Alternative Income ETF (NASDAQ:ALTY) Shares Sold by Triumph Capital Management

Triumph Capital Management lessened its stake in Global X Alternative Income ETF (NASDAQ:ALTY) by 24.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 50,034 shares of the company’s stock after selling 16,239 shares during the quarter. Triumph Capital Management’s holdings in Global X Alternative Income ETF were worth $570,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Kovack Advisors Inc. boosted its holdings in shares of Global X Alternative Income ETF by 18.1% during the 4th quarter. Kovack Advisors Inc. now owns 21,522 shares of the company’s stock worth $243,000 after purchasing an additional 3,294 shares during the last quarter. Eudaimonia Partners LLC lifted its stake in Global X Alternative Income ETF by 11.2% during the third quarter. Eudaimonia Partners LLC now owns 58,179 shares of the company’s stock worth $626,000 after purchasing an additional 5,840 shares in the last quarter. Finally, Eudaimonia Advisors LLC lifted its stake in Global X Alternative Income ETF by 13.9% during the third quarter. Eudaimonia Advisors LLC now owns 53,265 shares of the company’s stock worth $573,000 after purchasing an additional 6,496 shares in the last quarter.

Global X Alternative Income ETF Stock Up 0.7 %

NASDAQ:ALTY opened at $11.25 on Thursday. Global X Alternative Income ETF has a 52 week low of $10.31 and a 52 week high of $11.65. The stock’s fifty day moving average is $11.35 and its two-hundred day moving average is $11.17. The stock has a market capitalization of $34.54 million, a price-to-earnings ratio of 14.89 and a beta of 0.99.

Global X Alternative Income ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Thursday, April 11th. Investors of record on Thursday, April 4th were issued a $0.0672 dividend. This represents a $0.81 annualized dividend and a yield of 7.17%. The ex-dividend date was Wednesday, April 3rd.

About Global X Alternative Income ETF

The Global X Alternative Income ETF (ALTY) is an exchange-traded fund that is based on the Indxx SuperDividend Alternatives index. The fund tracks an index consisting of a variety of assets such as equity, debt securities and covered calls. Selected based on high dividend yield and low volatility. ALTY was launched on Jul 14, 2015 and is managed by Global X.