Arrow Dow Jones Global Yield ETF (NYSEARCA:GYLD) Trading Up 0.6% – Here’s What Happened

Arrow Dow Jones Global Yield ETF (NYSEARCA:GYLD) shares traded up 0.6% during mid-day trading on Wednesday . The company traded as high as $14.47 and last traded at $14.39. Approximately 8,290 shares traded hands during mid-day trading, a decline of 52% from the average session volume of 17,308 shares. The stock had previously closed at $14.31.

Arrow Dow Jones Global Yield ETF Price Performance

The firm has a fifty day moving average price of $14.28 and a 200-day moving average price of $14.12. The company has a market capitalization of $37.70 million, a P/E ratio of 11.13 and a beta of 0.55.

Institutional Investors Weigh In On Arrow Dow Jones Global Yield ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Osaic Holdings Inc. lifted its position in Arrow Dow Jones Global Yield ETF by 18.4% in the 4th quarter. Osaic Holdings Inc. now owns 56,158 shares of the company’s stock worth $758,000 after buying an additional 8,713 shares during the last quarter. LPL Financial LLC boosted its holdings in Arrow Dow Jones Global Yield ETF by 17.8% in the fourth quarter. LPL Financial LLC now owns 207,047 shares of the company’s stock worth $2,793,000 after acquiring an additional 31,268 shares in the last quarter. Raymond James Financial Inc. boosted its stake in Arrow Dow Jones Global Yield ETF by 15.1% during the 3rd quarter. Raymond James Financial Inc. now owns 24,704 shares of the company’s stock valued at $330,000 after purchasing an additional 3,236 shares during the last quarter. Regal Investment Advisors LLC purchased a new stake in Arrow Dow Jones Global Yield ETF in the fourth quarter worth approximately $319,000. Finally, Jane Street Group LLC bought a new stake in Arrow Dow Jones Global Yield ETF during the second quarter valued at approximately $305,000.

About Arrow Dow Jones Global Yield ETF

The Arrow Dow Jones Global Yield ETF (GYLD) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund tracks an index weighted equally between equities, sovereign debt, corporate debt, real estate and energy. The ETF seeks to invest in 150 securities and provide monthly distributions. GYLD was launched on May 8, 2012 and is managed by ArrowShares.