Raymond James Financial Services Advisors Inc. Acquires Shares of 10,141 Global X SuperDividend REIT ETF (NASDAQ:SRET)

Raymond James Financial Services Advisors Inc. bought a new stake in Global X SuperDividend REIT ETF (NASDAQ:SRET) during the 4th quarter, HoldingsChannel reports. The fund bought 10,141 shares of the company’s stock, valued at approximately $224,000.

Several other hedge funds and other institutional investors have also made changes to their positions in SRET. Daiwa Securities Group Inc. boosted its holdings in shares of Global X SuperDividend REIT ETF by 24.6% in the third quarter. Daiwa Securities Group Inc. now owns 810,000 shares of the company’s stock valued at $16,289,000 after acquiring an additional 160,000 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of Global X SuperDividend REIT ETF by 1.4% in 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 in the last quarter. Finally, Ronald Blue Trust Inc. purchased a new stake in shares of Global X SuperDividend REIT ETF in the third quarter valued at about $41,000.

Global X SuperDividend REIT ETF Stock Down 0.1 %

Shares of NASDAQ:SRET opened at $19.62 on Thursday. The company has a market cap of $208.76 million, a price-to-earnings ratio of 9.32 and a beta of 1.22. The firm’s 50-day simple moving average is $19.85 and its 200-day simple moving average is $20.28. Global X SuperDividend REIT ETF has a fifty-two week low of $18.06 and a fifty-two week high of $22.99.

Global X SuperDividend REIT ETF Announces Dividend

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

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.