Fifth Third Securities Inc. Makes New Investment in Global X SuperDividend ETF $SDIV

Fifth Third Securities Inc. bought a new stake in Global X SuperDividend ETF (NYSEARCA:SDIV) in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm bought 197,044 shares of the exchange traded fund’s stock, valued at approximately $4,605,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Foguth Wealth Management LLC. grew its position in Global X SuperDividend ETF by 219.8% in the 1st quarter. Foguth Wealth Management LLC. now owns 1,266,289 shares of the exchange traded fund’s stock valued at $31,771,000 after purchasing an additional 870,372 shares during the period. Wealthfront Advisers LLC raised its holdings in shares of Global X SuperDividend ETF by 63.9% in the first quarter. Wealthfront Advisers LLC now owns 95,789 shares of the exchange traded fund’s stock valued at $2,420,000 after purchasing an additional 37,336 shares during the last quarter. Bank of America Corp DE boosted its holdings in Global X SuperDividend ETF by 6.8% during the first quarter. Bank of America Corp DE now owns 533,786 shares of the exchange traded fund’s stock worth $13,483,000 after purchasing an additional 33,929 shares during the last quarter. Ameritas Advisory Services LLC increased its stake in Global X SuperDividend ETF by 92.6% in the 2nd quarter. Ameritas Advisory Services LLC now owns 55,180 shares of the exchange traded fund’s stock valued at $1,349,000 after buying an additional 26,526 shares during the last quarter. Finally, C2C Wealth Management LLC bought a new position in shares of Global X SuperDividend ETF during the 1st quarter worth approximately $528,000.

Global X SuperDividend ETF Trading Down 0.2%

Shares of SDIV traded down $0.04 on Wednesday, reaching $23.86. 146,296 shares of the company’s stock traded hands, compared to its average volume of 536,286. The stock has a market cap of $1.18 billion, a PE ratio of 8.00 and a beta of 0.73. Global X SuperDividend ETF has a 52-week low of $23.10 and a 52-week high of $26.44. The stock’s 50 day simple moving average is $24.32 and its two-hundred day simple moving average is $24.81.

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.