Western Wealth Management LLC Buys 6,121 Shares of Global X SuperDividend ETF (NYSEARCA:SDIV)

Western Wealth Management LLC raised its stake in Global X SuperDividend ETF (NYSEARCA:SDIV) by 60.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,201 shares of the exchange traded fund’s stock after buying an additional 6,121 shares during the period. Western Wealth Management LLC’s holdings in Global X SuperDividend ETF were worth $365,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. International Assets Investment Management LLC acquired a new stake in shares of Global X SuperDividend ETF during the 4th quarter valued at $7,124,000. Bank of America Corp DE boosted its stake in shares of Global X SuperDividend ETF by 31.4% during the first quarter. Bank of America Corp DE now owns 750,413 shares of the exchange traded fund’s stock valued at $17,290,000 after purchasing an additional 179,330 shares in the last quarter. Citadel Advisors LLC bought a new stake in shares of Global X SuperDividend ETF during the third quarter worth about $1,202,000. Jane Street Group LLC acquired a new position in shares of Global X SuperDividend ETF in the third quarter valued at approximately $923,000. Finally, Royal Bank of Canada raised its holdings in Global X SuperDividend ETF by 264.5% in the 3rd quarter. Royal Bank of Canada now owns 164,865 shares of the exchange traded fund’s stock valued at $1,243,000 after buying an additional 119,640 shares during the last quarter.

Global X SuperDividend ETF Price Performance

SDIV opened at $21.05 on Monday. Global X SuperDividend ETF has a fifty-two week low of $20.06 and a fifty-two week high of $23.85. The company’s 50 day moving average price is $21.26 and its two-hundred day moving average price is $21.47. The firm has a market capitalization of $740.54 million, a price-to-earnings ratio of 3.60 and a beta of 0.95.

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.