AE Wealth Management LLC Raises Stock Position in Global SuperDividend US ETF (NYSEARCA:DIV)

AE Wealth Management LLC increased its stake in Global SuperDividend US ETF (NYSEARCA:DIV) by 3.2% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,159,532 shares of the company’s stock after acquiring an additional 35,640 shares during the quarter. AE Wealth Management LLC owned approximately 3.25% of Global SuperDividend US ETF worth $20,002,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Triad Wealth Partners LLC purchased a new stake in Global SuperDividend US ETF in the 2nd quarter worth $49,000. Pineridge Advisors LLC purchased a new stake in Global SuperDividend US ETF in the 4th quarter worth $104,000. Wealth Advisory Solutions LLC increased its holdings in Global SuperDividend US ETF by 41.0% in the 2nd quarter. Wealth Advisory Solutions LLC now owns 14,100 shares of the company’s stock worth $243,000 after acquiring an additional 4,100 shares in the last quarter. J.W. Cole Advisors Inc. increased its holdings in Global SuperDividend US ETF by 16.7% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 14,239 shares of the company’s stock worth $246,000 after acquiring an additional 2,042 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its stake in Global SuperDividend US ETF by 131,663.6% during the 2nd quarter. Farther Finance Advisors LLC now owns 14,494 shares of the company’s stock worth $249,000 after purchasing an additional 14,483 shares during the last quarter.

Global SuperDividend US ETF Stock Down 0.1 %

Shares of DIV opened at $18.54 on Friday. Global SuperDividend US ETF has a 52-week low of $15.32 and a 52-week high of $18.78. The firm’s fifty day moving average is $18.11 and its two-hundred day moving average is $17.49. The stock has a market cap of $662.43 million, a PE ratio of 9.29 and a beta of 0.74.

Global SuperDividend US 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.