NewEdge Wealth LLC Makes New $211,000 Investment in Global X SuperDividend ETF (NYSEARCA:SDIV)

NewEdge Wealth LLC bought a new stake in shares of Global X SuperDividend ETF (NYSEARCA:SDIV) during the 4th quarter, Holdings Channel reports. The fund bought 9,350 shares of the exchange traded fund’s stock, valued at approximately $211,000.

Other hedge funds have also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its position in shares of Global X SuperDividend ETF by 153.4% during the first quarter. JPMorgan Chase & Co. now owns 53,884 shares of the exchange traded fund’s stock valued at $618,000 after purchasing an additional 32,619 shares in the last quarter. Raymond James & Associates boosted its position in shares of Global X SuperDividend ETF by 75.1% during the first quarter. Raymond James & Associates now owns 42,301 shares of the exchange traded fund’s stock valued at $485,000 after purchasing an additional 18,146 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its position in shares of Global X SuperDividend ETF by 4.1% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 26,353 shares of the exchange traded fund’s stock valued at $302,000 after purchasing an additional 1,027 shares in the last quarter. Cetera Advisor Networks LLC boosted its position in shares of Global X SuperDividend ETF by 39.8% during the first quarter. Cetera Advisor Networks LLC now owns 18,260 shares of the exchange traded fund’s stock valued at $209,000 after purchasing an additional 5,200 shares in the last quarter. Finally, Raymond James Trust N.A. bought a new stake in shares of Global X SuperDividend ETF during the first quarter valued at approximately $147,000.

Global X SuperDividend ETF Stock Up 0.2 %

NYSEARCA SDIV opened at $20.87 on Friday. Global X SuperDividend ETF has a twelve month low of $20.06 and a twelve month high of $23.85. The firm has a market capitalization of $734.21 million, a PE ratio of 3.60 and a beta of 0.95. The stock’s 50 day moving average is $21.25 and its 200 day moving average is $21.47.

Global X SuperDividend ETF Company Profile

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.