Arrow Dow Jones Global Yield ETF (NYSEARCA:GYLD) Shares Down 0.1% – What’s Next?

Arrow Dow Jones Global Yield ETF (NYSEARCA:GYLD)’s stock price traded down 0.1% on Wednesday . The stock traded as low as $14.20 and last traded at $14.25. Approximately 27,820 shares changed hands during trading, an increase of 55% from the average daily volume of 17,978 shares. The stock had previously closed at $14.27.

Arrow Dow Jones Global Yield ETF Stock Down 0.1%

The company has a market capitalization of $34.06 million, a PE ratio of 11.13 and a beta of 0.55. The firm’s 50 day simple moving average is $14.19 and its 200 day simple moving average is $13.94.

Institutional Trading of Arrow Dow Jones Global Yield ETF

Several institutional investors have recently added to or reduced their stakes in the company. Cetera Investment Advisers grew its stake in shares of Arrow Dow Jones Global Yield ETF by 26.4% during the second quarter. Cetera Investment Advisers now owns 24,267 shares of the company’s stock valued at $319,000 after buying an additional 5,064 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in Arrow Dow Jones Global Yield ETF by 29.3% during the 2nd quarter. Raymond James Financial Inc. now owns 21,468 shares of the company’s stock valued at $282,000 after acquiring an additional 4,865 shares during the period. Jane Street Group LLC bought a new position in Arrow Dow Jones Global Yield ETF in the 2nd quarter valued at $305,000. Osaic Holdings Inc. increased its stake in Arrow Dow Jones Global Yield ETF by 7.0% in the second quarter. Osaic Holdings Inc. now owns 47,040 shares of the company’s stock worth $618,000 after purchasing an additional 3,080 shares during the period. Finally, LPL Financial LLC lifted its position in shares of Arrow Dow Jones Global Yield ETF by 17.8% during the fourth quarter. LPL Financial LLC now owns 207,047 shares of the company’s stock worth $2,793,000 after purchasing an additional 31,268 shares during the last quarter.

Arrow Dow Jones Global Yield ETF Company Profile

The Arrow Dow Jones Global Yield ETF (GYLD) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund tracks an index weighted equally between equities, sovereign debt, corporate debt, real estate and energy. The ETF seeks to invest in 150 securities and provide monthly distributions. GYLD was launched on May 8, 2012 and is managed by ArrowShares.