Raymond James Financial Services Advisors Inc. Invests $224,000 in Global X SuperDividend REIT ETF (NASDAQ:SRET)

Raymond James Financial Services Advisors Inc. purchased a new position in Global X SuperDividend REIT ETF (NASDAQ:SRET) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 10,141 shares of the company’s stock, valued at approximately $224,000. Raymond James Financial Services Advisors Inc. owned about 0.09% of Global X SuperDividend REIT ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Daiwa Securities Group Inc. lifted its position in Global X SuperDividend REIT ETF by 24.6% during the third quarter. Daiwa Securities Group Inc. now owns 810,000 shares of the company’s stock valued at $16,289,000 after purchasing an additional 160,000 shares in the last quarter. LPL Financial LLC raised its holdings in Global X SuperDividend REIT ETF by 1.4% during the third quarter. LPL Financial LLC now owns 516,497 shares of the company’s stock valued at $10,387,000 after acquiring an additional 7,179 shares during the period. Finally, Ronald Blue Trust Inc. bought a new stake in Global X SuperDividend REIT ETF during the third quarter valued at about $41,000.

Global X SuperDividend REIT ETF Stock Down 0.1 %

NASDAQ:SRET opened at $19.62 on Thursday. The business’s 50-day simple moving average is $19.85 and its two-hundred day simple moving average is $20.28. The stock has a market cap of $208.76 million, a PE ratio of 9.32 and a beta of 1.22. Global X SuperDividend REIT ETF has a 52 week low of $18.06 and a 52 week high of $22.99.

Global X SuperDividend REIT ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Thursday, April 11th. Shareholders of record on Thursday, April 4th were issued a dividend of $0.135 per share. The ex-dividend date was Wednesday, April 3rd. This represents a $1.62 dividend on an annualized basis and a yield of 8.26%.

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.