Jones Financial Companies Lllp Acquires 33,072 Shares of Global X SuperDividend ETF $SDIV

Jones Financial Companies Lllp raised its stake in shares of Global X SuperDividend ETF (NYSEARCA:SDIV) by 92.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 68,965 shares of the exchange traded fund’s stock after purchasing an additional 33,072 shares during the quarter. Jones Financial Companies Lllp owned 0.16% of Global X SuperDividend ETF worth $1,643,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Mutual Advisors LLC bought a new stake in Global X SuperDividend ETF during the 3rd quarter worth approximately $267,000. Howard Capital Management Inc. raised its holdings in shares of Global X SuperDividend ETF by 12.7% in the third quarter. Howard Capital Management Inc. now owns 768,216 shares of the exchange traded fund’s stock valued at $18,422,000 after buying an additional 86,466 shares during the last quarter. AE Wealth Management LLC lifted its position in Global X SuperDividend ETF by 39.4% during the 3rd quarter. AE Wealth Management LLC now owns 20,236 shares of the exchange traded fund’s stock worth $485,000 after buying an additional 5,718 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in Global X SuperDividend ETF by 13.8% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 99,616 shares of the exchange traded fund’s stock worth $2,338,000 after acquiring an additional 12,095 shares during the last quarter. Finally, Kingswood Wealth Advisors LLC increased its position in Global X SuperDividend ETF by 105.6% in the 3rd quarter. Kingswood Wealth Advisors LLC now owns 91,661 shares of the exchange traded fund’s stock valued at $2,198,000 after acquiring an additional 47,085 shares in the last quarter.

Global X SuperDividend ETF Price Performance

SDIV opened at $26.08 on Tuesday. Global X SuperDividend ETF has a one year low of $17.87 and a one year high of $26.44. The company’s 50 day simple moving average is $24.78 and its 200-day simple moving average is $24.09. The stock has a market capitalization of $1.21 billion, a P/E ratio of 8.00 and a beta of 0.85.

Global X SuperDividend ETF Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, February 11th. Shareholders of record on Wednesday, February 4th will be paid a $0.19 dividend. The ex-dividend date of this dividend is Wednesday, February 4th. This represents a c) annualized dividend and a yield of 8.7%.

Global X SuperDividend ETF Profile

The Global X SuperDividend ETF (SDIV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks an equal-weighted index of 100 global securities with high yields. SDIV was launched on Jun 8, 2011 and is managed by Global X.