Global X SuperDividend ETF $SDIV Shares Bought by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. grew its stake in Global X SuperDividend ETF (NYSEARCA:SDIV) by 96.9% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 126,794 shares of the exchange traded fund’s stock after buying an additional 62,413 shares during the quarter. Envestnet Asset Management Inc. owned 0.30% of Global X SuperDividend ETF worth $3,041,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. Howard Capital Management Inc. raised its position in Global X SuperDividend ETF by 12.7% during the third quarter. Howard Capital Management Inc. now owns 768,216 shares of the exchange traded fund’s stock valued at $18,422,000 after acquiring an additional 86,466 shares in the last quarter. Osaic Holdings Inc. grew its stake in shares of Global X SuperDividend ETF by 12.4% during the 2nd quarter. Osaic Holdings Inc. now owns 200,139 shares of the exchange traded fund’s stock worth $4,515,000 after purchasing an additional 22,014 shares during the period. Synergy Asset Management LLC increased its holdings in shares of Global X SuperDividend ETF by 100.0% during the 3rd quarter. Synergy Asset Management LLC now owns 174,992 shares of the exchange traded fund’s stock valued at $4,025,000 after purchasing an additional 87,496 shares in the last quarter. Fifth Third Securities Inc. lifted its stake in shares of Global X SuperDividend ETF by 50.5% in the 3rd quarter. Fifth Third Securities Inc. now owns 146,606 shares of the exchange traded fund’s stock valued at $3,516,000 after purchasing an additional 49,217 shares during the period. Finally, Newbridge Financial Services Group Inc. lifted its stake in shares of Global X SuperDividend ETF by 4.2% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 129,172 shares of the exchange traded fund’s stock valued at $2,913,000 after purchasing an additional 5,195 shares during the period.

Global X SuperDividend ETF Stock Performance

SDIV stock opened at $26.19 on Thursday. The firm has a market cap of $1.22 billion, a PE ratio of 8.00 and a beta of 0.85. The firm’s fifty day moving average is $25.25 and its 200 day moving average is $24.32. Global X SuperDividend ETF has a one year low of $17.87 and a one year high of $26.44.

Global X SuperDividend ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Wednesday, February 11th. Investors of record on Wednesday, February 4th were issued a $0.19 dividend. The ex-dividend date of this dividend was Wednesday, February 4th. This represents a c) dividend on an annualized basis and a yield of 8.7%.

Global X SuperDividend ETF 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.