MML Investors Services LLC Buys 1,053 Shares of Global SuperDividend US ETF (NYSEARCA:DIV)

MML Investors Services LLC grew its stake in shares of Global SuperDividend US ETF (NYSEARCA:DIV) by 6.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 17,425 shares of the company’s stock after acquiring an additional 1,053 shares during the period. MML Investors Services LLC’s holdings in Global SuperDividend US ETF were worth $326,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Newbridge Financial Services Group Inc. increased its holdings in Global SuperDividend US ETF by 57.6% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 3,940 shares of the company’s stock worth $68,000 after purchasing an additional 1,440 shares during the period. J.W. Cole Advisors Inc. raised its holdings in shares of Global SuperDividend US ETF by 16.7% in the second quarter. J.W. Cole Advisors Inc. now owns 14,239 shares of the company’s stock valued at $246,000 after acquiring an additional 2,042 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in shares of Global SuperDividend US ETF by 131,663.6% in the second quarter. Farther Finance Advisors LLC now owns 14,494 shares of the company’s stock valued at $249,000 after acquiring an additional 14,483 shares in the last quarter. Sanctuary Advisors LLC bought a new position in Global SuperDividend US ETF during the 2nd quarter worth about $253,000. Finally, PFG Investments LLC increased its position in Global SuperDividend US ETF by 23.4% during the 2nd quarter. PFG Investments LLC now owns 15,997 shares of the company’s stock valued at $276,000 after purchasing an additional 3,032 shares during the period.

Global SuperDividend US ETF Stock Performance

NYSEARCA:DIV opened at $18.12 on Wednesday. The firm has a 50-day simple moving average of $18.66 and a 200-day simple moving average of $18.18. Global SuperDividend US ETF has a one year low of $16.22 and a one year high of $19.38. The firm has a market cap of $647.43 million, a P/E ratio of 9.29 and a beta of 0.74.

About Global SuperDividend US 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.