Triumph Capital Management Cuts Stock Holdings in Global X SuperDividend ETF (NYSEARCA:SDIV)

Triumph Capital Management lowered its stake in shares of Global X SuperDividend ETF (NYSEARCA:SDIV) by 4.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 39,095 shares of the exchange traded fund’s stock after selling 1,705 shares during the quarter. Triumph Capital Management owned 0.11% of Global X SuperDividend ETF worth $806,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Strategic Financial Concepts LLC increased its holdings in Global X SuperDividend ETF by 1,962.2% in the fourth quarter. Strategic Financial Concepts LLC now owns 1,094,055 shares of the exchange traded fund’s stock valued at $22,559,000 after buying an additional 1,041,001 shares during the last quarter. Raymond James Financial Inc. purchased a new position in Global X SuperDividend ETF in the fourth quarter valued at $1,418,000. LPL Financial LLC increased its holdings in Global X SuperDividend ETF by 10.0% in the fourth quarter. LPL Financial LLC now owns 707,093 shares of the exchange traded fund’s stock valued at $14,580,000 after buying an additional 63,989 shares during the last quarter. Wealthfront Advisers LLC increased its holdings in Global X SuperDividend ETF by 113.0% in the fourth quarter. Wealthfront Advisers LLC now owns 89,683 shares of the exchange traded fund’s stock valued at $1,849,000 after buying an additional 47,573 shares during the last quarter. Finally, SBI Securities Co. Ltd. purchased a new position in Global X SuperDividend ETF in the fourth quarter valued at $897,000.

Global X SuperDividend ETF Price Performance

NYSEARCA:SDIV opened at $21.60 on Friday. The firm has a market capitalization of $816.91 million, a PE ratio of 7.87 and a beta of 0.82. The business’s fifty day moving average price is $20.42 and its 200 day moving average price is $20.93. Global X SuperDividend ETF has a 12 month low of $17.87 and a 12 month high of $23.78.

About Global X SuperDividend ETF

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.