Goldstone Financial Group LLC Invests $1.01 Million in Global X SuperDividend ETF (NYSEARCA:SDIV)

Goldstone Financial Group LLC acquired a new stake in shares of Global X SuperDividend ETF (NYSEARCA:SDIV) in the third quarter, HoldingsChannel reports. The institutional investor acquired 42,878 shares of the exchange traded fund’s stock, valued at approximately $1,009,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SDIV. Blue Chip Partners LLC bought a new position in shares of Global X SuperDividend ETF in the second quarter worth approximately $103,000. ORG Partners LLC purchased a new position in shares of Global X SuperDividend ETF during the 2nd quarter valued at $181,000. Strategic Financial Concepts LLC bought a new position in Global X SuperDividend ETF in the 2nd quarter worth $262,000. Founders Financial Alliance LLC increased its stake in Global X SuperDividend ETF by 10.5% in the 2nd quarter. Founders Financial Alliance LLC now owns 15,124 shares of the exchange traded fund’s stock worth $333,000 after buying an additional 1,431 shares in the last quarter. Finally, Cetera Advisors LLC bought a new stake in Global X SuperDividend ETF during the first quarter valued at about $437,000.

Global X SuperDividend ETF Stock Up 0.2 %

Shares of Global X SuperDividend ETF stock opened at $22.26 on Thursday. Global X SuperDividend ETF has a 52 week low of $20.26 and a 52 week high of $23.78. The stock’s 50-day simple moving average is $22.69 and its 200-day simple moving average is $22.33. The company has a market capitalization of $782.93 million, a price-to-earnings ratio of 3.72 and a beta of 0.93.

Global X SuperDividend ETF Company 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.