Citadel Advisors LLC Sells 142,868 Shares of Global X SuperDividend REIT ETF $SRET

Citadel Advisors LLC decreased its position in shares of Global X SuperDividend REIT ETF (NASDAQ:SRET) by 69.8% during the second quarter, Holdings Channel.com reports. The institutional investor owned 61,707 shares of the company’s stock after selling 142,868 shares during the quarter. Citadel Advisors LLC’s holdings in Global X SuperDividend REIT ETF were worth $1,399,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SRET. Raymond James Financial Inc. purchased a new position in Global X SuperDividend REIT ETF during the 2nd quarter valued at about $157,000. Sei Investments Co. purchased a new position in Global X SuperDividend REIT ETF during the first quarter valued at approximately $218,000. Sykon Capital LLC bought a new position in Global X SuperDividend REIT ETF in the fourth quarter worth approximately $224,000. Family Management Corp bought a new stake in Global X SuperDividend REIT ETF during the 3rd quarter valued at $289,000. Finally, Advyzon Investment Management LLC boosted its position in Global X SuperDividend REIT ETF by 7.2% during the 4th quarter. Advyzon Investment Management LLC now owns 17,484 shares of the company’s stock valued at $381,000 after acquiring an additional 1,174 shares in the last quarter.

Global X SuperDividend REIT ETF Trading Down 1.0%

SRET opened at $21.64 on Thursday. The firm has a market cap of $222.68 million, a price-to-earnings ratio of 16.47 and a beta of 0.85. Global X SuperDividend REIT ETF has a 12 month low of $20.72 and a 12 month high of $23.48. The stock has a fifty day moving average price of $22.51 and a 200-day moving average price of $22.32.

Global X SuperDividend REIT ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, September 11th. Stockholders of record on Thursday, September 3rd will be paid a dividend of $0.185 per share. The ex-dividend date is Thursday, September 3rd. This is a positive change from Global X SuperDividend REIT ETF’s previous monthly dividend of $0.18. This represents a c) dividend on an annualized basis and a dividend yield of 10.3%.

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.