Global X Alternative Income ETF (NASDAQ:ALTY) Stock Position Raised by Advisor Group Holdings Inc.

Advisor Group Holdings Inc. grew its stake in shares of Global X Alternative Income ETF (NASDAQ:ALTY – Get Rating) by 5.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 521,247 shares of the company’s stock after purchasing an additional 25,035 shares during the period. Advisor Group Holdings Inc. owned about 16.55% of Global X Alternative Income ETF worth $5,738,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. UBS Group AG acquired a new stake in shares of Global X Alternative Income ETF during the 4th quarter valued at about $136,000. Envestnet Asset Management Inc. acquired a new stake in Global X Alternative Income ETF in the 2nd quarter valued at approximately $162,000. Eudaimonia Partners LLC acquired a new position in shares of Global X Alternative Income ETF during the first quarter worth approximately $163,000. Arete Wealth Advisors LLC bought a new stake in shares of Global X Alternative Income ETF in the third quarter valued at approximately $190,000. Finally, PFG Advisors grew its stake in shares of Global X Alternative Income ETF by 59.4% in the fourth quarter. PFG Advisors now owns 18,754 shares of the company’s stock worth $206,000 after acquiring an additional 6,985 shares during the last quarter.

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Global X Alternative Income ETF Price Performance

NASDAQ:ALTY opened at $11.10 on Thursday. The stock has a market cap of $37.85 million, a P/E ratio of 12.44 and a beta of 0.99. The company has a fifty day moving average price of $11.17 and a 200 day moving average price of $11.29. Global X Alternative Income ETF has a one year low of $10.28 and a one year high of $12.62.

Global X Alternative Income ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Thursday, May 11th. Investors of record on Thursday, May 4th were paid a $0.067 dividend. The ex-dividend date was Wednesday, May 3rd. This represents a $0.80 dividend on an annualized basis and a yield of 7.24%.

About Global X Alternative Income ETF

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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.

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