Raymond James Financial Inc. Takes $2.69 Million Position in Global SuperDividend US ETF (NYSEARCA:DIV)

Raymond James Financial Inc. purchased a new stake in Global SuperDividend US ETF (NYSEARCA:DIV) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 149,265 shares of the company’s stock, valued at approximately $2,691,000. Raymond James Financial Inc. owned 0.42% of Global SuperDividend US ETF at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. Chelsea Counsel Co. acquired a new stake in Global SuperDividend US ETF during the 3rd quarter valued at $28,000. Newbridge Financial Services Group Inc. acquired a new stake in Global SuperDividend US ETF in the 4th quarter valued at about $45,000. SBI Securities Co. Ltd. bought a new position in shares of Global SuperDividend US ETF in the fourth quarter worth about $106,000. Crews Bank & Trust acquired a new position in shares of Global SuperDividend US ETF during the fourth quarter worth approximately $132,000. Finally, Jones Financial Companies Lllp raised its position in Global SuperDividend US ETF by 59.5% in the 4th quarter. Jones Financial Companies Lllp now owns 11,841 shares of the company’s stock worth $213,000 after purchasing an additional 4,415 shares during the last quarter.

Global SuperDividend US ETF Trading Up 0.1 %

Shares of NYSEARCA:DIV opened at $18.73 on Friday. The stock has a market capitalization of $648.99 million, a P/E ratio of 13.22 and a beta of 1.04. Global SuperDividend US ETF has a 1-year low of $16.47 and a 1-year high of $19.38. The business has a 50-day moving average price of $18.77 and a two-hundred day moving average price of $18.60.

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.