Global X Dax Germany ETF (NASDAQ:DAX) Shares Sold by Osborne Partners Capital Management LLC

Osborne Partners Capital Management LLC reduced its position in shares of Global X Dax Germany ETF (NASDAQ:DAX) by 1.2% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 656,433 shares of the exchange traded fund’s stock after selling 8,008 shares during the quarter. Global X Dax Germany ETF makes up about 1.3% of Osborne Partners Capital Management LLC’s investment portfolio, making the stock its 18th biggest position. Osborne Partners Capital Management LLC owned about 0.31% of Global X Dax Germany ETF worth $23,047,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in DAX. Benjamin F. Edwards & Company Inc. bought a new position in Global X Dax Germany ETF in the second quarter worth about $37,000. Geneos Wealth Management Inc. bought a new stake in shares of Global X Dax Germany ETF in the 1st quarter worth approximately $55,000. Finally, Concurrent Investment Advisors LLC acquired a new position in Global X Dax Germany ETF during the 1st quarter valued at approximately $798,000.

Global X Dax Germany ETF Price Performance

Shares of DAX opened at $34.08 on Friday. Global X Dax Germany ETF has a 12 month low of $25.90 and a 12 month high of $35.35. The stock has a fifty day moving average price of $33.97 and a 200 day moving average price of $33.05. The company has a market cap of $72.25 million, a P/E ratio of 15.06 and a beta of 1.01.

Global X Dax Germany ETF Profile

The Global X DAX Germany ETF (DAX) is an exchange-traded fund that is based on the DAX index, a market-cap-weighted, total return index of the 30 largest and most liquid securities traded on the Frankfurt Exchange. DAX was launched on Oct 22, 2014 and is managed by Global X.