Global X Alternative Income ETF (ALTY) To Go Ex-Dividend on August 5th

Global X Alternative Income ETF (NASDAQ:ALTY) declared a monthly dividend on Tuesday, August 4th, NASDAQ Dividends reports. Shareholders of record on Wednesday, August 5th will be given a dividend of 0.079 per share on Wednesday, August 12th. This represents a c) dividend on an annualized basis and a yield of 7.7%. The ex-dividend date of this dividend is Wednesday, August 5th.

Global X Alternative Income ETF Price Performance

ALTY stock opened at $12.28 on Thursday. The firm has a market cap of $45.44 million, a price-to-earnings ratio of 17.85 and a beta of 0.59. Global X Alternative Income ETF has a 1-year low of $11.65 and a 1-year high of $12.58. The firm has a fifty day moving average price of $12.34 and a two-hundred day moving average price of $12.30.

Institutional Investors Weigh In On Global X Alternative Income ETF

Institutional investors have recently modified their holdings of the business. Harbour Investments Inc. acquired a new stake in Global X Alternative Income ETF during the fourth quarter worth about $45,000. Advisory Services Network LLC bought a new position in Global X Alternative Income ETF in the third quarter worth about $61,000. Kestra Advisory Services LLC acquired a new position in Global X Alternative Income ETF in the fourth quarter valued at approximately $73,000. Bank of America Corp DE boosted its stake in Global X Alternative Income ETF by 60.6% in the fourth quarter. Bank of America Corp DE now owns 8,446 shares of the company’s stock valued at $98,000 after acquiring an additional 3,188 shares during the period. Finally, Private Advisor Group LLC grew its holdings in shares of Global X Alternative Income ETF by 48.0% during the first quarter. Private Advisor Group LLC now owns 15,600 shares of the company’s stock valued at $187,000 after purchasing an additional 5,061 shares during the last quarter.

Global X Alternative Income ETF Company Profile

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.