Wedbush Securities Inc. Makes New Investment in Global X SuperDividend U.S. ETF $DIV

Wedbush Securities Inc. purchased a new stake in shares of Global X SuperDividend U.S. ETF (NYSEARCA:DIV) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 26,436 shares of the company’s stock, valued at approximately $498,000. Wedbush Securities Inc. owned approximately 0.07% of Global X SuperDividend U.S. ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Fifth Third Bancorp purchased a new position in shares of Global X SuperDividend U.S. ETF in the 1st quarter worth about $42,000. Compass Financial Management LLC bought a new position in Global X SuperDividend U.S. ETF in the 2nd quarter worth about $63,000. Physician Wealth Advisors Inc. bought a new position in Global X SuperDividend U.S. ETF in the 3rd quarter worth about $79,000. SouthState Bank Corp purchased a new stake in Global X SuperDividend U.S. ETF during the 1st quarter valued at about $94,000. Finally, Integrated Wealth Concepts LLC purchased a new stake in Global X SuperDividend U.S. ETF during the 2nd quarter valued at about $168,000.

Global X SuperDividend U.S. ETF Stock Performance

Shares of DIV stock opened at $19.23 on Wednesday. The company has a market capitalization of $770.93 million, a price-to-earnings ratio of 11.57 and a beta of 0.60. Global X SuperDividend U.S. ETF has a one year low of $16.93 and a one year high of $20.20. The company’s 50-day moving average is $19.36 and its 200 day moving average is $19.21.

Global X SuperDividend U.S. 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.