Scotia Capital Inc. Takes $255,000 Position in Global SuperDividend US ETF (NYSEARCA:DIV)

Scotia Capital Inc. bought a new stake in Global SuperDividend US ETF (NYSEARCA:DIV) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 14,136 shares of the company’s stock, valued at approximately $255,000.

Several other large investors have also recently added to or reduced their stakes in DIV. Chelsea Counsel Co. acquired a new stake in Global SuperDividend US ETF during the 3rd quarter worth approximately $28,000. CIBC Private Wealth Group LLC grew its stake in Global SuperDividend US ETF by 199.8% during the fourth quarter. CIBC Private Wealth Group LLC now owns 1,553 shares of the company’s stock worth $28,000 after buying an additional 1,035 shares during the period. Newbridge Financial Services Group Inc. acquired a new stake in shares of Global SuperDividend US ETF in the fourth quarter worth $45,000. SBI Securities Co. Ltd. purchased a new position in shares of Global SuperDividend US ETF in the 4th quarter valued at $106,000. Finally, Crews Bank & Trust acquired a new position in shares of Global SuperDividend US ETF during the 4th quarter valued at $132,000.

Global SuperDividend US ETF Trading Up 0.1 %

Shares of NYSEARCA DIV opened at $17.32 on Wednesday. The stock has a fifty day moving average price of $18.45 and a 200 day moving average price of $18.50. Global SuperDividend US ETF has a 12-month low of $16.19 and a 12-month high of $19.38. The company has a market cap of $601.52 million, a P/E ratio of 13.35 and a beta of 0.78.

Global SuperDividend US ETF Company Profile

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.