Global SuperDividend US ETF (NYSEARCA:DIV) Stock Position Lifted by Truist Financial Corp

Truist Financial Corp boosted its stake in shares of Global SuperDividend US ETF (NYSEARCA:DIV) by 9.7% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 29,546 shares of the company’s stock after purchasing an additional 2,615 shares during the period. Truist Financial Corp owned about 0.08% of Global SuperDividend US ETF worth $510,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. RFG Advisory LLC grew its position in Global SuperDividend US ETF by 1.7% during the first quarter. RFG Advisory LLC now owns 57,796 shares of the company’s stock valued at $1,005,000 after purchasing an additional 943 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Global SuperDividend US ETF by 5.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 24,751 shares of the company’s stock valued at $427,000 after purchasing an additional 1,334 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its position in Global SuperDividend US ETF by 2.0% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 80,288 shares of the company’s stock valued at $1,385,000 after purchasing an additional 1,564 shares in the last quarter. J.W. Cole Advisors Inc. grew its position in Global SuperDividend US ETF by 16.7% during the second quarter. J.W. Cole Advisors Inc. now owns 14,239 shares of the company’s stock valued at $246,000 after purchasing an additional 2,042 shares in the last quarter. Finally, Walkner Condon Financial Advisors LLC grew its position in Global SuperDividend US ETF by 17.6% during the second quarter. Walkner Condon Financial Advisors LLC now owns 18,034 shares of the company’s stock valued at $311,000 after purchasing an additional 2,702 shares in the last quarter.

Global SuperDividend US ETF Stock Up 1.0 %

NYSEARCA DIV opened at $18.82 on Thursday. The stock has a market capitalization of $672.44 million, a PE ratio of 9.29 and a beta of 0.74. The company has a 50 day moving average price of $18.35 and a two-hundred day moving average price of $17.69. Global SuperDividend US ETF has a 12-month low of $15.37 and a 12-month high of $18.83.

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.