Synergy Asset Management LLC acquired a new stake in Global X SuperDividend ETF (NYSEARCA:SDIV – Free Report) during the second quarter, Holdings Channel reports. The institutional investor acquired 87,496 shares of the exchange traded fund’s stock, valued at approximately $1,973,000.
A number of other institutional investors have also made changes to their positions in SDIV. Signal Advisors Wealth LLC bought a new stake in shares of Global X SuperDividend ETF in the first quarter worth $1,346,000. Kingstone Capital Partners Texas LLC bought a new stake in shares of Global X SuperDividend ETF in the first quarter worth $224,000. Kingswood Wealth Advisors LLC bought a new stake in shares of Global X SuperDividend ETF in the first quarter worth $663,000. Cambridge Investment Research Advisors Inc. lifted its position in shares of Global X SuperDividend ETF by 30.3% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 116,390 shares of the exchange traded fund’s stock worth $2,441,000 after purchasing an additional 27,094 shares in the last quarter. Finally, Spire Wealth Management lifted its position in shares of Global X SuperDividend ETF by 205.1% in the first quarter. Spire Wealth Management now owns 3,570 shares of the exchange traded fund’s stock worth $75,000 after purchasing an additional 2,400 shares in the last quarter.
Global X SuperDividend ETF Stock Down 0.3%
Shares of SDIV stock opened at $23.98 on Friday. The company’s fifty day simple moving average is $23.67 and its 200-day simple moving average is $22.19. The firm has a market cap of $1.01 billion, a PE ratio of 8.00 and a beta of 1.10. Global X SuperDividend ETF has a 12 month low of $17.87 and a 12 month high of $24.40.
About Global X SuperDividend ETF
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.
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Want to see what other hedge funds are holding SDIV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X SuperDividend ETF (NYSEARCA:SDIV – Free Report).
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