Global X SuperDividend ETF (NYSEARCA:SDIV) Stock Passes Above 50 Day Moving Average – Here’s What Happened

Global X SuperDividend ETF (NYSEARCA:SDIV)’s stock price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $25.56 and traded as high as $25.72. Global X SuperDividend ETF shares last traded at $25.47, with a volume of 784,419 shares traded.

Global X SuperDividend ETF Trading Down 0.5%

The stock’s 50 day moving average is $25.56 and its 200 day moving average is $24.47. The stock has a market capitalization of $1.18 billion, a price-to-earnings ratio of 8.00 and a beta of 0.85.

Global X SuperDividend ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, February 11th. Stockholders of record on Wednesday, February 4th were given a $0.19 dividend. The ex-dividend date was Wednesday, February 4th. This represents a c) annualized dividend and a dividend yield of 9.0%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of SDIV. SHP Wealth Management purchased a new stake in Global X SuperDividend ETF in the 4th quarter valued at approximately $40,000. Mercer Global Advisors Inc. ADV purchased a new position in Global X SuperDividend ETF during the fourth quarter worth $417,000. CacheTech Inc. purchased a new position in Global X SuperDividend ETF during the fourth quarter worth $1,152,000. NewEdge Advisors LLC raised its holdings in shares of Global X SuperDividend ETF by 19.1% in the fourth quarter. NewEdge Advisors LLC now owns 91,478 shares of the exchange traded fund’s stock worth $2,198,000 after acquiring an additional 14,653 shares during the last quarter. Finally, VestGen Advisors LLC lifted its position in shares of Global X SuperDividend ETF by 8.1% in the fourth quarter. VestGen Advisors LLC now owns 13,336 shares of the exchange traded fund’s stock valued at $320,000 after acquiring an additional 1,000 shares in the last quarter.

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.