Global X SuperDividend REIT ETF (NASDAQ:SRET) Trading 0.2% Higher – What’s Next?

Global X SuperDividend REIT ETF (NASDAQ:SRET)’s share price rose 0.2% during mid-day trading on Wednesday . The company traded as high as $22.84 and last traded at $22.82. Approximately 79,793 shares traded hands during trading, an increase of 45% from the average daily volume of 55,148 shares. The stock had previously closed at $22.77.

Global X SuperDividend REIT ETF Stock Up 0.2%

The stock’s fifty day moving average is $22.42 and its two-hundred day moving average is $21.94. The firm has a market capitalization of $247.83 million, a price-to-earnings ratio of 16.47 and a beta of 0.93.

Global X SuperDividend REIT ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, February 11th. Stockholders of record on Wednesday, February 4th were issued a $0.15 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 7.9%. The ex-dividend date of this dividend was Wednesday, February 4th. This is a positive change from Global X SuperDividend REIT ETF’s previous monthly dividend of $0.15.

Hedge Funds Weigh In On Global X SuperDividend REIT ETF

Institutional investors have recently bought and sold shares of the business. Sigma Planning Corp raised its stake in 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 buying an additional 14,394 shares during the period. AE Wealth Management LLC increased its holdings in shares of Global X SuperDividend REIT ETF by 30.6% during the 2nd quarter. AE Wealth Management LLC now owns 3,529 shares of the company’s stock worth $75,000 after acquiring an additional 826 shares during the last quarter. Advyzon Investment Management LLC raised its stake in Global X SuperDividend REIT ETF by 30.1% in the 2nd quarter. Advyzon Investment Management LLC now owns 15,757 shares of the company’s stock valued at $333,000 after acquiring an additional 3,645 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Global X SuperDividend REIT ETF by 9.9% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 326,851 shares of the company’s stock valued at $6,916,000 after acquiring an additional 29,478 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in Global X SuperDividend REIT ETF during the 2nd quarter valued at $157,000.

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.