Global X SuperDividend REIT ETF (NASDAQ:SRET) Announces Monthly Dividend of $0.15

Global X SuperDividend REIT ETF (NASDAQ:SRET) announced a monthly dividend on Monday, May 4th, NASDAQ Dividends reports. Shareholders of record on Tuesday, May 5th will be paid a dividend of 0.153 per share on Tuesday, May 12th. This represents a c) dividend on an annualized basis and a yield of 8.1%. The ex-dividend date of this dividend is Tuesday, May 5th. This is a 0.7% increase from Global X SuperDividend REIT ETF’s previous monthly dividend of $0.15.

Global X SuperDividend REIT ETF Stock Up 0.1%

NASDAQ:SRET traded up $0.03 during trading hours on Tuesday, reaching $22.57. The company had a trading volume of 21,323 shares, compared to its average volume of 54,671. The stock has a 50-day moving average of $22.06 and a two-hundred day moving average of $22.06. Global X SuperDividend REIT ETF has a one year low of $20.04 and a one year high of $23.09. The firm has a market capitalization of $235.63 million, a PE ratio of 16.47 and a beta of 0.87.

Institutional Trading of Global X SuperDividend REIT ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Founders Financial Alliance LLC lifted its stake in shares of Global X SuperDividend REIT ETF by 23.9% during the third quarter. Founders Financial Alliance LLC now owns 2,586 shares of the company’s stock valued at $56,000 after acquiring an additional 499 shares during the period. AE Wealth Management LLC lifted its stake in shares of Global X SuperDividend REIT ETF by 85.1% during the third quarter. AE Wealth Management LLC now owns 6,532 shares of the company’s stock valued at $141,000 after acquiring an additional 3,003 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Global X SuperDividend REIT ETF during the second quarter valued at $157,000. Sykon Capital LLC acquired a new position in shares of Global X SuperDividend REIT ETF during the fourth quarter valued at $224,000. Finally, Family Management Corp acquired a new position in shares of Global X SuperDividend REIT ETF during 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.