D.A. Davidson & CO. Acquires New Position in Global X SuperDividend REIT ETF $SRET

D.A. Davidson & CO. acquired a new stake in shares of Global X SuperDividend REIT ETF (NASDAQ:SRET) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 244,240 shares of the company’s stock, valued at approximately $5,319,000. D.A. Davidson & CO. owned 2.48% of Global X SuperDividend REIT ETF as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Founders Financial Alliance LLC increased its position in Global X SuperDividend REIT ETF by 23.9% during the third quarter. Founders Financial Alliance LLC now owns 2,586 shares of the company’s stock worth $56,000 after purchasing an additional 499 shares during the last quarter. Advyzon Investment Management LLC increased its position in Global X SuperDividend REIT ETF by 3.5% during the third quarter. Advyzon Investment Management LLC now owns 16,310 shares of the company’s stock worth $353,000 after purchasing an additional 553 shares during the last quarter. Bank of America Corp DE increased its position in Global X SuperDividend REIT ETF by 0.8% during the second quarter. Bank of America Corp DE now owns 79,551 shares of the company’s stock worth $1,683,000 after purchasing an additional 624 shares during the last quarter. Stratos Wealth Partners LTD. increased its position in Global X SuperDividend REIT ETF by 7.0% during the fourth quarter. Stratos Wealth Partners LTD. now owns 44,407 shares of the company’s stock worth $967,000 after purchasing an additional 2,899 shares during the last quarter. Finally, AE Wealth Management LLC increased its position in Global X SuperDividend REIT ETF by 85.1% during the third quarter. AE Wealth Management LLC now owns 6,532 shares of the company’s stock worth $141,000 after purchasing an additional 3,003 shares during the last quarter.

Global X SuperDividend REIT ETF Stock Performance

Shares of SRET stock opened at $22.49 on Thursday. Global X SuperDividend REIT ETF has a one year low of $20.04 and a one year high of $23.09. The company has a 50 day moving average price of $22.06 and a 200 day moving average price of $22.05. The firm has a market capitalization of $234.80 million, a price-to-earnings ratio of 16.47 and a beta of 0.88.

Global X SuperDividend REIT ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Monday, April 13th. Investors of record on Monday, April 6th were given a dividend of $0.152 per share. The ex-dividend date of this dividend was Monday, April 6th. This represents a c) annualized dividend and a yield of 8.1%.

Global X SuperDividend REIT ETF Profile

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.