Pineridge Advisors LLC Decreases Stake in Global SuperDividend US ETF (NYSEARCA:DIV)

Pineridge Advisors LLC cut its holdings in shares of Global SuperDividend US ETF (NYSEARCA:DIV) by 31.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 2,273 shares of the company’s stock after selling 1,055 shares during the quarter. Pineridge Advisors LLC’s holdings in Global SuperDividend US ETF were worth $41,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in DIV. MML Investors Services LLC boosted its stake in Global SuperDividend US ETF by 6.4% in the 3rd quarter. MML Investors Services LLC now owns 17,425 shares of the company’s stock worth $326,000 after purchasing an additional 1,053 shares during the period. Raymond James & Associates boosted its position in shares of Global SuperDividend US ETF by 8.7% in the third quarter. Raymond James & Associates now owns 140,777 shares of the company’s stock valued at $2,631,000 after acquiring an additional 11,236 shares during the period. Janney Montgomery Scott LLC purchased a new position in Global SuperDividend US ETF during the third quarter valued at approximately $860,000. B.O.S.S. Retirement Advisors LLC grew its stake in Global SuperDividend US ETF by 126.4% during the third quarter. B.O.S.S. Retirement Advisors LLC now owns 24,235 shares of the company’s stock valued at $453,000 after acquiring an additional 13,529 shares in the last quarter. Finally, Foundations Investment Advisors LLC increased its holdings in Global SuperDividend US ETF by 8.8% during the 3rd quarter. Foundations Investment Advisors LLC now owns 21,039 shares of the company’s stock worth $393,000 after acquiring an additional 1,703 shares during the period.

Global SuperDividend US ETF Stock Performance

Shares of DIV stock opened at $18.79 on Tuesday. The company has a market capitalization of $671.37 million, a PE ratio of 9.29 and a beta of 0.74. Global SuperDividend US ETF has a 52-week low of $16.22 and a 52-week high of $19.38. The business’s fifty day moving average is $18.38 and its 200 day moving average is $18.42.

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.