Pineridge Advisors LLC Sells 601 Shares of Global SuperDividend US ETF (NYSEARCA:DIV)

Pineridge Advisors LLC cut its stake in Global SuperDividend US ETF (NYSEARCA:DIV) by 14.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,497 shares of the company’s stock after selling 601 shares during the period. Pineridge Advisors LLC’s holdings in Global SuperDividend US ETF were worth $60,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. RFG Advisory LLC boosted its holdings in Global SuperDividend US ETF by 1.7% in the first quarter. RFG Advisory LLC now owns 57,796 shares of the company’s stock valued at $1,005,000 after acquiring an additional 943 shares during the last quarter. Triad Wealth Partners LLC bought a new stake in Global SuperDividend US ETF in the second quarter valued at approximately $49,000. JFS Wealth Advisors LLC bought a new stake in Global SuperDividend US ETF in the fourth quarter valued at approximately $50,000. Cambridge Investment Research Advisors Inc. boosted its holdings in Global SuperDividend US ETF by 4.1% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 83,004 shares of the company’s stock valued at $1,426,000 after acquiring an additional 3,289 shares during the last quarter. Finally, Simplicity Wealth LLC boosted its holdings in Global SuperDividend US ETF by 47.9% in the second quarter. Simplicity Wealth LLC now owns 14,883 shares of the company’s stock valued at $257,000 after acquiring an additional 4,823 shares during the last quarter.

Global SuperDividend US ETF Stock Performance

Shares of Global SuperDividend US ETF stock traded up $0.24 on Friday, reaching $18.33. 167,176 shares of the company’s stock were exchanged, compared to its average volume of 142,843. The company has a market capitalization of $654.93 million, a P/E ratio of 9.29 and a beta of 0.74. Global SuperDividend US ETF has a 52 week low of $15.32 and a 52 week high of $18.38. The firm’s 50-day moving average is $17.63 and its two-hundred day moving average is $17.27.

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.