Kingswood Wealth Advisors LLC Sells 34,873 Shares of Global X SuperDividend ETF $SDIV

Kingswood Wealth Advisors LLC trimmed its position in Global X SuperDividend ETF (NYSEARCA:SDIV) by 37.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 57,554 shares of the exchange traded fund’s stock after selling 34,873 shares during the period. Kingswood Wealth Advisors LLC owned about 0.12% of Global X SuperDividend ETF worth $1,345,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Foguth Wealth Management LLC. grew its holdings in shares of Global X SuperDividend ETF by 219.8% during the first quarter. Foguth Wealth Management LLC. now owns 1,266,289 shares of the exchange traded fund’s stock worth $31,771,000 after buying an additional 870,372 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of 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 valued at $13,483,000 after buying an additional 33,929 shares during the period. Fifth Third Securities Inc. purchased a new position in shares of Global X SuperDividend ETF during the third quarter valued at approximately $4,605,000. Envestnet Asset Management Inc. boosted its position in Global X SuperDividend ETF by 9.9% during the second quarter. Envestnet Asset Management Inc. now owns 187,120 shares of the exchange traded fund’s stock worth $4,573,000 after acquiring an additional 16,824 shares during the last quarter. Finally, NFSG Corp boosted its position in Global X SuperDividend ETF by 2.7% during the third quarter. NFSG Corp now owns 138,782 shares of the exchange traded fund’s stock worth $3,243,000 after acquiring an additional 3,697 shares during the last quarter.

Global X SuperDividend ETF Stock Performance

SDIV stock opened at $23.02 on Wednesday. The stock has a market capitalization of $1.14 billion, a P/E ratio of 8.00 and a beta of 0.73. Global X SuperDividend ETF has a one year low of $22.75 and a one year high of $26.44. The company has a 50 day moving average price of $24.21 and a two-hundred day moving average price of $24.98.

Global X SuperDividend ETF 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.