Global X SuperDividend REIT ETF Declares Monthly Dividend of $0.15 (NASDAQ:SRET)

Global X SuperDividend REIT ETF (NASDAQ:SRET) announced a monthly dividend on Tuesday, November 4th. Stockholders of record on Wednesday, November 5th will be given a dividend of 0.145 per share on Thursday, November 13th. This represents a c) dividend on an annualized basis and a dividend yield of 8.1%. The ex-dividend date of this dividend is Wednesday, November 5th.

Global X SuperDividend REIT ETF Price Performance

NASDAQ SRET traded down $0.08 during trading hours on Wednesday, hitting $21.56. The company’s stock had a trading volume of 9,375 shares, compared to its average volume of 37,252. Global X SuperDividend REIT ETF has a 12 month low of $18.09 and a 12 month high of $22.13. The company’s 50 day simple moving average is $21.69 and its two-hundred day simple moving average is $21.20. The company has a market cap of $202.45 million, a P/E ratio of 16.47 and a beta of 0.93.

Institutional Investors Weigh In On Global X SuperDividend REIT ETF

Several hedge funds have recently made changes to their positions in SRET. Ameritas Advisory Services LLC purchased a new stake in Global X SuperDividend REIT ETF in the second quarter valued at about $26,000. LPL Financial LLC raised its stake in Global X SuperDividend REIT ETF by 9.1% in the first quarter. LPL Financial LLC now owns 397,106 shares of the company’s stock valued at $8,419,000 after buying an additional 33,042 shares during the last quarter. Stratos Wealth Partners LTD. raised its stake in shares of Global X SuperDividend REIT ETF by 1.7% in the first quarter. Stratos Wealth Partners LTD. now owns 44,246 shares of the company’s stock worth $938,000 after purchasing an additional 752 shares during the last quarter. Advyzon Investment Management LLC purchased a new position in shares of Global X SuperDividend REIT ETF in the first quarter worth about $257,000. Finally, Sigma Planning Corp purchased a new position in shares of Global X SuperDividend REIT ETF in the first quarter worth about $307,000.

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.