Wealthfront Advisers LLC Sells 154,258 Shares of Global SuperDividend US ETF (NYSEARCA:DIV)

Wealthfront Advisers LLC decreased its position in Global SuperDividend US ETF (NYSEARCA:DIV) by 58.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 110,149 shares of the company’s stock after selling 154,258 shares during the quarter. Wealthfront Advisers LLC owned approximately 0.31% of Global SuperDividend US ETF worth $1,986,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of DIV. Raymond James Financial Inc. bought a new position in shares of Global SuperDividend US ETF in the fourth quarter worth about $2,691,000. Steward Partners Investment Advisory LLC raised its stake in shares of Global SuperDividend US ETF by 7.2% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 25,156 shares of the company’s stock worth $454,000 after buying an additional 1,696 shares during the period. SBI Securities Co. Ltd. bought a new position in shares of Global SuperDividend US ETF in the fourth quarter worth about $106,000. Jones Financial Companies Lllp raised its stake in shares of Global SuperDividend US ETF by 59.5% in the fourth quarter. Jones Financial Companies Lllp now owns 11,841 shares of the company’s stock worth $213,000 after buying an additional 4,415 shares during the period. Finally, Advyzon Investment Management LLC bought a new position in shares of Global SuperDividend US ETF in the fourth quarter worth about $458,000.

Global SuperDividend US ETF Stock Up 1.3 %

NYSEARCA DIV opened at $18.72 on Friday. The stock’s 50-day moving average price is $18.62 and its 200-day moving average price is $18.56. Global SuperDividend US ETF has a 52 week low of $16.47 and a 52 week high of $19.38. The company has a market capitalization of $648.65 million, a P/E ratio of 13.22 and a beta of 1.04.

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.