Global X Disruptive Materials ETF (DMAT) to Issue Dividend of $0.05 on January 7th

Global X Disruptive Materials ETF (NASDAQ:DMAT) announced a dividend on Monday, December 29th. Investors of record on Tuesday, December 30th will be paid a dividend of 0.0495 per share on Wednesday, January 7th. This represents a dividend yield of 35.0%. The ex-dividend date of this dividend is Tuesday, December 30th.

Global X Disruptive Materials ETF Stock Down 0.6%

Shares of Global X Disruptive Materials ETF stock opened at $27.84 on Wednesday. Global X Disruptive Materials ETF has a 52 week low of $12.05 and a 52 week high of $28.82. The firm has a market cap of $11.69 million, a PE ratio of -4,058.17 and a beta of 0.94. The business’s fifty day simple moving average is $25.21 and its 200-day simple moving average is $21.97.

Hedge Funds Weigh In On Global X Disruptive Materials ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. boosted its position in shares of Global X Disruptive Materials ETF by 8.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 11,663 shares of the company’s stock worth $192,000 after purchasing an additional 957 shares in the last quarter. Cetera Investment Advisers boosted its position in shares of Global X Disruptive Materials ETF by 11.1% in the 2nd quarter. Cetera Investment Advisers now owns 12,005 shares of the company’s stock worth $198,000 after buying an additional 1,199 shares in the last quarter. Jane Street Group LLC raised its position in Global X Disruptive Materials ETF by 113.1% during the first quarter. Jane Street Group LLC now owns 22,524 shares of the company’s stock worth $325,000 after acquiring an additional 11,952 shares during the last quarter. Truist Financial Corp acquired a new stake in shares of Global X Disruptive Materials ETF in the third quarter valued at approximately $311,000. Finally, OLD Mission Capital LLC purchased a new position in shares of Global X Disruptive Materials ETF during the 1st quarter worth approximately $188,000. 5.34% of the stock is owned by institutional investors and hedge funds.

About Global X Disruptive Materials ETF

The Global X Disruptive Materials ETF (DMAT) is an exchange-traded fund that is based on the Solactive Disruptive Materials index. The fund is passively managed to track a market cap-weighted index of global stocks that produce metals and other materials associated with disruptive technologies. DMAT was launched on Jan 24, 2022 and is managed by Global X.