Wealthfront Advisers LLC Increases Stake in Global X SuperDividend U.S. ETF $DIV

Wealthfront Advisers LLC boosted its stake in Global X SuperDividend U.S. ETF (NYSEARCA:DIV) by 5.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 304,537 shares of the company’s stock after buying an additional 14,711 shares during the period. Wealthfront Advisers LLC’s holdings in Global X SuperDividend U.S. ETF were worth $5,354,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Mutual Advisors LLC raised its position in shares of Global X SuperDividend U.S. ETF by 149.6% in the 1st quarter. Mutual Advisors LLC now owns 29,865 shares of the company’s stock worth $535,000 after acquiring an additional 17,901 shares in the last quarter. SMART Wealth LLC grew its stake in Global X SuperDividend U.S. ETF by 4.4% in the first quarter. SMART Wealth LLC now owns 138,558 shares of the company’s stock worth $2,610,000 after purchasing an additional 5,899 shares during the period. Envestnet Asset Management Inc. grew its stake in Global X SuperDividend U.S. ETF by 11.7% in the first quarter. Envestnet Asset Management Inc. now owns 66,084 shares of the company’s stock worth $1,245,000 after purchasing an additional 6,919 shares during the period. SBI Securities Co. Ltd. raised its holdings in Global X SuperDividend U.S. ETF by 13.5% in the first quarter. SBI Securities Co. Ltd. now owns 6,644 shares of the company’s stock worth $125,000 after purchasing an additional 788 shares in the last quarter. Finally, Kingsview Wealth Management LLC lifted its position in Global X SuperDividend U.S. ETF by 13.7% during the first quarter. Kingsview Wealth Management LLC now owns 32,907 shares of the company’s stock valued at $620,000 after buying an additional 3,970 shares during the period.

Global X SuperDividend U.S. ETF Trading Down 0.5%

Shares of DIV stock opened at $17.36 on Wednesday. The company’s fifty day moving average price is $17.56 and its 200-day moving average price is $17.63. The stock has a market cap of $633.47 million, a PE ratio of 11.57 and a beta of 0.67. Global X SuperDividend U.S. ETF has a 12 month low of $16.19 and a 12 month high of $19.38.

About Global X SuperDividend U.S. 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.