Wealth Enhancement Advisory Services LLC Acquires Shares of 50,372 Global X SuperDividend REIT ETF (NASDAQ:SRET)

Wealth Enhancement Advisory Services LLC bought a new position in Global X SuperDividend REIT ETF (NASDAQ:SRET) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 50,372 shares of the company’s stock, valued at approximately $1,008,000. Wealth Enhancement Advisory Services LLC owned 0.57% of Global X SuperDividend REIT ETF at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of SRET. Bank of America Corp DE boosted its holdings in Global X SuperDividend REIT ETF by 22.7% in the 4th quarter. Bank of America Corp DE now owns 59,136 shares of the company’s stock worth $1,183,000 after acquiring an additional 10,942 shares during the period. SBI Securities Co. Ltd. acquired a new position in shares of Global X SuperDividend REIT ETF during the fourth quarter worth $941,000. Jane Street Group LLC boosted its stake in shares of Global X SuperDividend REIT ETF by 13.3% in the fourth quarter. Jane Street Group LLC now owns 21,749 shares of the company’s stock valued at $435,000 after purchasing an additional 2,546 shares during the period. Finally, Janney Montgomery Scott LLC boosted its stake in shares of Global X SuperDividend REIT ETF by 79.2% in the fourth quarter. Janney Montgomery Scott LLC now owns 16,625 shares of the company’s stock valued at $333,000 after purchasing an additional 7,347 shares during the period.

Global X SuperDividend REIT ETF Price Performance

Global X SuperDividend REIT ETF stock opened at $20.75 on Monday. Global X SuperDividend REIT ETF has a 12-month low of $18.09 and a 12-month high of $22.88. The company has a market capitalization of $182.19 million, a price-to-earnings ratio of 16.94 and a beta of 0.89. The firm’s fifty day moving average price is $20.22 and its 200 day moving average price is $20.54.

Global X SuperDividend REIT ETF Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Wednesday, June 11th. Stockholders of record on Wednesday, June 4th will be given a dividend of $0.144 per share. This represents a $1.73 dividend on an annualized basis and a dividend yield of 8.33%. The ex-dividend date is Wednesday, June 4th.

Global X SuperDividend REIT ETF Company Profile

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.