Global X SuperDividend REIT ETF (NASDAQ:SRET) Plans Monthly Dividend of $0.18

Global X SuperDividend REIT ETF (NASDAQ:SRET) announced a monthly dividend on Wednesday, September 2nd. Investors of record on Thursday, September 3rd will be paid a dividend of 0.185 per share on Friday, September 11th. This represents a c) annualized dividend and a dividend yield of 10.1%. The ex-dividend date of this dividend is Thursday, September 3rd. This is a 1.5% increase from Global X SuperDividend REIT ETF’s previous monthly dividend of $0.18.

Global X SuperDividend REIT ETF Stock Performance

Shares of NASDAQ:SRET opened at $22.02 on Thursday. The stock’s 50-day simple moving average is $22.59 and its two-hundred day simple moving average is $22.35. Global X SuperDividend REIT ETF has a 52-week low of $20.72 and a 52-week high of $23.48. The stock has a market capitalization of $226.59 million, a price-to-earnings ratio of 16.47 and a beta of 0.85.

Hedge Funds Weigh In On Global X SuperDividend REIT ETF

Hedge funds have recently made changes to their positions in the business. Bank of America Corp DE raised its stake in Global X SuperDividend REIT ETF by 0.8% during the 2nd quarter. Bank of America Corp DE now owns 79,551 shares of the company’s stock valued at $1,683,000 after purchasing an additional 624 shares during the period. Advyzon Investment Management LLC boosted its stake in Global X SuperDividend REIT ETF by 7.2% in the 4th quarter. Advyzon Investment Management LLC now owns 17,484 shares of the company’s stock worth $381,000 after purchasing an additional 1,174 shares during the period. Janney Montgomery Scott LLC boosted its stake in Global X SuperDividend REIT ETF by 6.1% in the 4th quarter. Janney Montgomery Scott LLC now owns 20,635 shares of the company’s stock worth $449,000 after purchasing an additional 1,183 shares during the period. Osaic Holdings Inc. grew its holdings in Global X SuperDividend REIT ETF by 11.1% during the 4th quarter. Osaic Holdings Inc. now owns 26,847 shares of the company’s stock valued at $585,000 after buying an additional 2,691 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in Global X SuperDividend REIT ETF during the 2nd quarter valued at approximately $157,000.

Global X SuperDividend REIT ETF Company Profile

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.