Arrow Dow Jones Global Yield ETF (NYSEARCA:GYLD) Trading Up 0.8% – Here’s What Happened

Arrow Dow Jones Global Yield ETF (NYSEARCA:GYLD) was up 0.8% on Friday . The stock traded as high as $14.34 and last traded at $14.31. Approximately 13,398 shares were traded during trading, a decline of 32% from the average daily volume of 19,818 shares. The stock had previously closed at $14.19.

Arrow Dow Jones Global Yield ETF Trading Up 0.8%

The stock has a market cap of $32.20 million, a P/E ratio of 11.13 and a beta of 0.57. The company has a 50-day moving average price of $14.03 and a two-hundred day moving average price of $13.71.

Hedge Funds Weigh In On Arrow Dow Jones Global Yield ETF

Several large investors have recently modified their holdings of GYLD. Cetera Investment Advisers increased its position in shares of Arrow Dow Jones Global Yield ETF by 26.4% during the 2nd quarter. Cetera Investment Advisers now owns 24,267 shares of the company’s stock valued at $319,000 after purchasing an additional 5,064 shares during the last quarter. Raymond James Financial Inc. increased its position in shares of 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 purchasing an additional 4,865 shares during the last quarter. Jane Street Group LLC bought a new position in shares of Arrow Dow Jones Global Yield ETF during the 2nd quarter valued at approximately $305,000. Osaic Holdings Inc. increased its position in shares of Arrow Dow Jones Global Yield ETF by 7.0% during the 2nd quarter. Osaic Holdings Inc. now owns 47,040 shares of the company’s stock valued at $618,000 after purchasing an additional 3,080 shares during the last quarter. Finally, LPL Financial LLC increased its position in shares of Arrow Dow Jones Global Yield ETF by 17.8% during the 4th quarter. LPL Financial LLC now owns 207,047 shares of the company’s stock valued at $2,793,000 after purchasing an additional 31,268 shares during the last quarter.

About Arrow Dow Jones Global Yield ETF

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.