PFG Advisors Has $134,000 Position in Global X Alternative Income ETF (NASDAQ:ALTY)

PFG Advisors reduced its holdings in Global X Alternative Income ETF (NASDAQ:ALTYFree Report) by 51.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 11,815 shares of the company’s stock after selling 12,707 shares during the quarter. PFG Advisors owned about 0.39% of Global X Alternative Income ETF worth $134,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE grew its position in Global X Alternative Income ETF by 41.5% during the fourth quarter. Bank of America Corp DE now owns 6,817 shares of the company’s stock worth $75,000 after buying an additional 1,998 shares in the last quarter. Susquehanna International Group LLP acquired a new stake in Global X Alternative Income ETF during the first quarter worth about $149,000. Envestnet Asset Management Inc. grew its position in Global X Alternative Income ETF by 21.7% during the third quarter. Envestnet Asset Management Inc. now owns 14,672 shares of the company’s stock worth $158,000 after buying an additional 2,619 shares in the last quarter. Founders Financial Alliance LLC grew its position in Global X Alternative Income ETF by 9.6% during the fourth quarter. Founders Financial Alliance LLC now owns 14,372 shares of the company’s stock worth $158,000 after buying an additional 1,255 shares in the last quarter. Finally, Eudaimonia Partners LLC acquired a new stake in Global X Alternative Income ETF during the first quarter worth about $163,000.

Global X Alternative Income ETF Stock Down 0.1 %

ALTY stock opened at $11.45 on Thursday. Global X Alternative Income ETF has a twelve month low of $10.31 and a twelve month high of $11.65. The company has a market cap of $34.81 million, a PE ratio of 12.44 and a beta of 0.99. The business’s 50-day simple moving average is $11.36 and its 200 day simple moving average is $11.10.

Global X Alternative Income ETF Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Thursday, April 11th. Shareholders of record on Thursday, April 4th will be paid a dividend of $0.0672 per share. This represents a $0.81 dividend on an annualized basis and a yield of 7.04%. The ex-dividend date is Wednesday, April 3rd.

Global X Alternative Income ETF Company Profile

(Free Report)

The Global X Alternative Income ETF (ALTY) is an exchange-traded fund that is based on the Indxx SuperDividend Alternatives index. The fund tracks an index consisting of a variety of assets such as equity, debt securities and covered calls. Selected based on high dividend yield and low volatility. ALTY was launched on Jul 14, 2015 and is managed by Global X.

Further Reading

Institutional Ownership by Quarter for Global X Alternative Income ETF (NASDAQ:ALTY)

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