Bank of America Corp DE Purchases 316,499 Shares of Global SuperDividend US ETF (NYSEARCA:DIV)

Bank of America Corp DE grew its position in Global SuperDividend US ETF (NYSEARCA:DIV) by 61.1% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 834,479 shares of the company’s stock after buying an additional 316,499 shares during the period. Bank of America Corp DE’s holdings in Global SuperDividend US ETF were worth $15,046,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in DIV. CIBC Private Wealth Group LLC lifted its stake in shares of Global SuperDividend US ETF by 199.8% in the 4th quarter. CIBC Private Wealth Group LLC now owns 1,553 shares of the company’s stock valued at $28,000 after purchasing an additional 1,035 shares during the period. Eagle Strategies LLC increased its holdings in Global SuperDividend US ETF by 6.0% in the fourth quarter. Eagle Strategies LLC now owns 23,089 shares of the company’s stock valued at $416,000 after purchasing an additional 1,297 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its stake in Global SuperDividend US ETF by 7.2% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 25,156 shares of the company’s stock valued at $454,000 after buying an additional 1,696 shares during the period. Newbridge Financial Services Group Inc. acquired a new position in Global SuperDividend US ETF in the fourth quarter valued at about $45,000. Finally, Comerica Bank bought a new position in Global SuperDividend US ETF during the fourth quarter worth about $48,000.

Global SuperDividend US ETF Trading Down 2.2%

Global SuperDividend US ETF stock opened at $17.44 on Thursday. The firm has a market capitalization of $629.41 million, a P/E ratio of 11.55 and a beta of 0.71. The business has a 50-day moving average of $17.87 and a 200-day moving average of $18.35. Global SuperDividend US ETF has a 1 year low of $16.19 and a 1 year high of $19.38.

About Global SuperDividend US ETF

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.