Global X SuperDividend REIT ETF (NASDAQ:SRET) Trading 0.4% Higher – Here’s What Happened

Global X SuperDividend REIT ETF (NASDAQ:SRET)’s stock price traded up 0.4% on Wednesday . The company traded as high as $21.23 and last traded at $21.14. 12,591 shares were traded during mid-day trading, a decline of 77% from the average session volume of 53,963 shares. The stock had previously closed at $21.05.

Global X SuperDividend REIT ETF Stock Up 0.4%

The firm’s 50 day moving average is $22.42 and its 200-day moving average is $21.99. The firm has a market cap of $229.58 million, a PE ratio of 16.47 and a beta of 0.93.

Global X SuperDividend REIT ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, March 11th. Shareholders of record on Wednesday, March 4th were paid a dividend of $0.152 per share. The ex-dividend date of this dividend was Wednesday, March 4th. This represents a c) dividend on an annualized basis and a dividend yield of 8.6%. This is a boost from Global X SuperDividend REIT ETF’s previous monthly dividend of $0.15.

Institutional Investors Weigh In On Global X SuperDividend REIT ETF

Hedge funds have recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Global X SuperDividend REIT ETF by 9.9% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 326,851 shares of the company’s stock valued at $6,916,000 after purchasing an additional 29,478 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Global X SuperDividend REIT ETF in the 2nd quarter worth about $157,000. Bank of America Corp DE boosted its stake in Global X SuperDividend REIT ETF by 0.8% in the 2nd quarter. Bank of America Corp DE now owns 79,551 shares of the company’s stock worth $1,683,000 after buying an additional 624 shares during the last quarter. AE Wealth Management LLC grew its holdings in Global X SuperDividend REIT ETF by 85.1% in the 3rd quarter. AE Wealth Management LLC now owns 6,532 shares of the company’s stock valued at $141,000 after buying an additional 3,003 shares during the period. Finally, Founders Financial Alliance LLC grew its holdings in Global X SuperDividend REIT ETF by 23.9% in the 3rd quarter. Founders Financial Alliance LLC now owns 2,586 shares of the company’s stock valued at $56,000 after buying an additional 499 shares during the period.

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.