D.A. Davidson & CO. Has $503,000 Stock Position in Global X SuperDividend REIT ETF $SRET

D.A. Davidson & CO. lessened its position in shares of Global X SuperDividend REIT ETF (NASDAQ:SRET) by 90.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,708 shares of the company’s stock after selling 220,532 shares during the period. D.A. Davidson & CO. owned about 0.23% of Global X SuperDividend REIT ETF worth $503,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the stock. Janney Montgomery Scott LLC lifted its stake in Global X SuperDividend REIT ETF by 6.1% in the 4th quarter. Janney Montgomery Scott LLC now owns 20,635 shares of the company’s stock valued at $449,000 after purchasing an additional 1,183 shares during the last quarter. Susquehanna International Group LLP grew its position in shares of Global X SuperDividend REIT ETF by 234.8% in the third quarter. Susquehanna International Group LLP now owns 46,706 shares of the company’s stock valued at $1,011,000 after purchasing an additional 32,757 shares during the last quarter. Bank of America Corp DE increased its stake in shares of Global X SuperDividend REIT ETF by 0.8% during the second quarter. Bank of America Corp DE now owns 79,551 shares of the company’s stock worth $1,683,000 after purchasing an additional 624 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Global X SuperDividend REIT ETF by 12.1% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 366,561 shares of the company’s stock worth $7,932,000 after purchasing an additional 39,710 shares during the period. Finally, LPL Financial LLC lifted its holdings in Global X SuperDividend REIT ETF by 9.5% during the 4th quarter. LPL Financial LLC now owns 471,040 shares of the company’s stock worth $10,257,000 after purchasing an additional 40,743 shares during the last quarter.

Global X SuperDividend REIT ETF Stock Performance

SRET stock opened at $22.96 on Friday. Global X SuperDividend REIT ETF has a 52 week low of $20.72 and a 52 week high of $23.48. The company has a market capitalization of $236.26 million, a PE ratio of 16.47 and a beta of 0.85. The company’s 50-day simple moving average is $22.52 and its 200 day simple moving average is $22.38.

Global X SuperDividend REIT ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Monday, July 13th. Stockholders of record on Monday, July 6th were given a dividend of $0.153 per share. This represents a c) dividend on an annualized basis and a dividend yield of 8.0%. The ex-dividend date was Monday, July 6th.

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.