Global X SuperDividend U.S. ETF (NYSEARCA:DIV) Hits New 52-Week High – Here’s What Happened

Global X SuperDividend U.S. ETF (NYSEARCA:DIV)’s share price reached a new 52-week high on Tuesday . The company traded as high as $19.69 and last traded at $19.5030, with a volume of 37457 shares changing hands. The stock had previously closed at $19.55.

Global X SuperDividend U.S. ETF Stock Performance

The business has a 50 day moving average price of $18.06 and a two-hundred day moving average price of $17.70. The stock has a market cap of $730.37 million, a PE ratio of 11.57 and a beta of 0.67.

Global X SuperDividend U.S. ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, February 9th. Investors of record on Wednesday, February 4th were issued a dividend of $0.102 per share. The ex-dividend date of this dividend was Wednesday, February 4th. This represents a c) dividend on an annualized basis and a yield of 6.3%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. AE Wealth Management LLC boosted its position in Global X SuperDividend U.S. ETF by 7.4% during the 3rd quarter. AE Wealth Management LLC now owns 1,074,027 shares of the company’s stock valued at $19,000,000 after buying an additional 74,422 shares during the period. Advyzon Investment Management LLC boosted its stake in shares of Global X SuperDividend U.S. ETF by 18.5% during the 2nd quarter. Advyzon Investment Management LLC now owns 25,402 shares of the company’s stock valued at $447,000 after purchasing an additional 3,960 shares in the last quarter. Global X Japan Co. Ltd. boosted its position in Global X SuperDividend U.S. ETF by 31.7% during the 3rd quarter. Global X Japan Co. Ltd. now owns 558,957 shares of the company’s stock valued at $9,888,000 after acquiring an additional 134,506 shares in the last quarter. Global Retirement Partners LLC bought a new stake in shares of Global X SuperDividend U.S. ETF during the second quarter valued at approximately $509,000. Finally, Cetera Investment Advisers lifted its position in Global X SuperDividend U.S. ETF by 12.9% during the 2nd quarter. Cetera Investment Advisers now owns 77,466 shares of the company’s stock valued at $1,362,000 after acquiring an additional 8,863 shares during the period.

About Global X SuperDividend U.S. ETF

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.