Global X SuperDividend REIT ETF (NASDAQ:SRET) to Issue $0.15 Monthly Dividend

Global X SuperDividend REIT ETF (NASDAQ:SRET) announced a monthly dividend on Monday, December 29th. Investors of record on Tuesday, December 30th will be given a dividend of 0.145 per share on Wednesday, January 7th. This represents a c) annualized dividend and a yield of 8.0%. The ex-dividend date of this dividend is Tuesday, December 30th.

Global X SuperDividend REIT ETF Trading Up 0.0%

NASDAQ SRET traded up $0.01 during trading hours on Tuesday, reaching $21.83. The company’s stock had a trading volume of 14,458 shares, compared to its average volume of 38,408. The stock has a market cap of $204.98 million, a PE ratio of 16.47 and a beta of 0.93. The business has a 50-day simple moving average of $21.76 and a 200 day simple moving average of $21.54. Global X SuperDividend REIT ETF has a 52 week low of $18.09 and a 52 week high of $22.13.

Institutional Investors Weigh In On Global X SuperDividend REIT ETF

A number of hedge funds have recently added to or reduced their stakes in the stock. HighTower Advisors LLC acquired a new position in shares of Global X SuperDividend REIT ETF during the first quarter valued at $210,000. Janney Montgomery Scott LLC lifted its position in Global X SuperDividend REIT ETF by 7.5% in the 2nd quarter. Janney Montgomery Scott LLC now owns 17,778 shares of the company’s stock valued at $376,000 after purchasing an additional 1,237 shares during the last quarter. Ameritas Advisory Services LLC acquired a new position in Global X SuperDividend REIT ETF during the 2nd quarter valued at about $26,000. Sigma Planning Corp increased its stake in shares of Global X SuperDividend REIT ETF by 99.3% in the second quarter. Sigma Planning Corp now owns 28,890 shares of the company’s stock valued at $611,000 after purchasing an additional 14,394 shares during the period. Finally, AE Wealth Management LLC raised its holdings in shares of Global X SuperDividend REIT ETF by 30.6% during the second quarter. AE Wealth Management LLC now owns 3,529 shares of the company’s stock valued at $75,000 after buying an additional 826 shares during the last quarter.

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.