Global X SuperDividend REIT ETF (SRET) To Go Ex-Dividend on March 4th

Global X SuperDividend REIT ETF (NASDAQ:SRET) announced a monthly dividend on Tuesday, March 3rd, NASDAQ Dividends reports. Stockholders of record on Wednesday, March 4th will be given a dividend of 0.152 per share on Wednesday, March 11th. This represents a c) annualized dividend and a dividend yield of 8.1%. The ex-dividend date of this dividend is Wednesday, March 4th. This is a 1.3% increase from Global X SuperDividend REIT ETF’s previous monthly dividend of $0.15.

Global X SuperDividend REIT ETF Price Performance

Shares of NASDAQ SRET opened at $22.54 on Thursday. The stock has a fifty day moving average price of $22.52 and a 200 day moving average price of $21.99. Global X SuperDividend REIT ETF has a 1-year low of $18.09 and a 1-year high of $23.09. The company has a market cap of $244.78 million, a PE ratio of 16.47 and a beta of 0.93.

Institutional Investors Weigh In On Global X SuperDividend REIT ETF

A number of hedge funds have recently added to or reduced their stakes in SRET. Founders Financial Alliance LLC increased its position in Global X SuperDividend REIT ETF by 23.9% during the 3rd quarter. Founders Financial Alliance LLC now owns 2,586 shares of the company’s stock worth $56,000 after purchasing an additional 499 shares during the period. AE Wealth Management LLC boosted its stake in shares of Global X SuperDividend REIT ETF by 30.6% in the second quarter. AE Wealth Management LLC now owns 3,529 shares of the company’s stock valued at $75,000 after buying an additional 826 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Global X SuperDividend REIT ETF during the second quarter worth $157,000. Sykon Capital LLC purchased a new position in Global X SuperDividend REIT ETF in the fourth quarter worth $224,000. Finally, Family Management Corp acquired a new stake in Global X SuperDividend REIT ETF in the third quarter valued at $289,000.

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.