Gladstone Institutional Advisory LLC Purchases Shares of 10,441 Global X SuperDividend REIT ETF (NASDAQ:SRET)

Gladstone Institutional Advisory LLC acquired a new position in shares of Global X SuperDividend REIT ETF (NASDAQ:SRET) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 10,441 shares of the company’s stock, valued at approximately $231,000. Gladstone Institutional Advisory LLC owned approximately 0.09% of Global X SuperDividend REIT ETF as of its most recent filing with the SEC.

Several other hedge funds also recently added to or reduced their stakes in the stock. LPL Financial LLC raised its position in Global X SuperDividend REIT ETF by 1.4% in the third quarter. LPL Financial LLC now owns 516,497 shares of the company’s stock worth $10,387,000 after acquiring an additional 7,179 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its position in shares of Global X SuperDividend REIT ETF by 1.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 325,225 shares of the company’s stock valued at $7,194,000 after buying an additional 4,380 shares in the last quarter. Raymond James Financial Services Advisors Inc. purchased a new stake in shares of Global X SuperDividend REIT ETF in the fourth quarter valued at about $224,000. Finally, Sykon Capital LLC purchased a new stake in Global X SuperDividend REIT ETF in the 4th quarter valued at approximately $203,000.

Global X SuperDividend REIT ETF Price Performance

SRET stock traded up $0.06 on Friday, hitting $19.91. 23,829 shares of the company were exchanged, compared to its average volume of 35,240. The stock has a market capitalization of $214.23 million, a price-to-earnings ratio of 9.61 and a beta of 1.22. The business’s fifty day moving average is $19.87 and its two-hundred day moving average is $20.41. Global X SuperDividend REIT ETF has a twelve month low of $18.06 and a twelve month high of $22.99.

Global X SuperDividend REIT ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, May 13th. Investors of record on Monday, May 6th were given a dividend of $0.135 per share. The ex-dividend date was Friday, May 3rd. This represents a $1.62 annualized dividend and a dividend yield of 8.14%.

About Global X SuperDividend REIT ETF

The Global X SuperDividend REIT ETF (SRET) is an exchange-traded fund that is based on the Solactive Global Superdividend REIT index. The fund tracks an equal-weighted index of global REITs, choosing 30 high-yield, low-volatility companies. SRET was launched on Mar 17, 2015 and is managed by Global X.