RB Capital Management LLC Makes New Investment in Altrius Global Dividend ETF $DIVD

RB Capital Management LLC acquired a new position in shares of Altrius Global Dividend ETF (NASDAQ:DIVD) during the second quarter, HoldingsChannel.com reports. The institutional investor acquired 48,462 shares of the company’s stock, valued at approximately $316,000. RB Capital Management LLC owned about 0.10% of Altrius Global Dividend ETF at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of DIVD. Centaurus Financial Inc. acquired a new position in shares of Altrius Global Dividend ETF in the 2nd quarter valued at approximately $118,000. Concorde Asset Management LLC acquired a new position in Altrius Global Dividend ETF during the second quarter valued at approximately $132,000. Altrius Capital Management Inc lifted its stake in Altrius Global Dividend ETF by 22.9% during the fourth quarter. Altrius Capital Management Inc now owns 155,162 shares of the company’s stock worth $5,979,000 after purchasing an additional 28,909 shares during the last quarter. Capstone Investment Advisors LLC acquired a new stake in shares of Altrius Global Dividend ETF in the 2nd quarter valued at $3,169,000. Finally, Bank of America Corp DE acquired a new stake in shares of Altrius Global Dividend ETF in the 2nd quarter valued at $4,664,000.

Altrius Global Dividend ETF Trading Up 0.0%

DIVD opened at $44.98 on Friday. The company’s 50 day moving average is $44.09 and its 200-day moving average is $42.73. Altrius Global Dividend ETF has a 1-year low of $36.11 and a 1-year high of $45.72. The company has a market cap of $23.39 million, a P/E ratio of 14.67 and a beta of 0.65.

Altrius Global Dividend ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, August 31st. Shareholders of record on Thursday, August 27th will be issued a $0.0458 dividend. The ex-dividend date of this dividend is Thursday, August 27th.

Altrius Global Dividend ETF Company Profile

The Altrius Global Dividend ETF Altrius Global Divid ETF (DIVD) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is an actively managed fund that invests in higher-than-average dividend-paying companies across different countries. Securities are selected for their positive demographics, attractive valuations, and sustainable dividends. DIVD was launched on Sep 30, 2022 and is managed by Alpha Architect.