Foguth Wealth Management LLC. Invests $9.58 Million in Global X SuperDividend ETF $SDIV

Foguth Wealth Management LLC. bought a new stake in Global X SuperDividend ETF (NYSEARCA:SDIV) in the fourth quarter, Holdings Channel.com reports. The firm bought 395,917 shares of the exchange traded fund’s stock, valued at approximately $9,581,000. Global X SuperDividend ETF makes up about 1.5% of Foguth Wealth Management LLC.’s holdings, making the stock its 22nd biggest position.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Global X SuperDividend ETF during the 3rd quarter worth approximately $25,000. Total Investment Management Inc. acquired a new position in Global X SuperDividend ETF in the second quarter valued at approximately $34,000. MAI Capital Management lifted its holdings in Global X SuperDividend ETF by 51,150.0% in the second quarter. MAI Capital Management now owns 2,050 shares of the exchange traded fund’s stock valued at $46,000 after acquiring an additional 2,046 shares during the last quarter. Ameriflex Group Inc. purchased a new position in Global X SuperDividend ETF in the third quarter worth approximately $57,000. Finally, Advisory Services Network LLC purchased a new position in Global X SuperDividend ETF in the third quarter worth approximately $157,000.

Global X SuperDividend ETF Stock Up 1.1%

SDIV stock opened at $25.09 on Friday. Global X SuperDividend ETF has a 52-week low of $17.87 and a 52-week high of $26.44. The stock has a market cap of $1.17 billion, a price-to-earnings ratio of 8.00 and a beta of 0.85. The business has a fifty day moving average of $25.65 and a two-hundred day moving average of $24.52.

Global X SuperDividend ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, February 11th. Investors of record on Wednesday, February 4th were given a dividend of $0.19 per share. This represents a c) dividend on an annualized basis and a dividend yield of 9.1%. The ex-dividend date of this dividend was Wednesday, February 4th.

About Global X SuperDividend ETF

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.