Howe & Rusling Inc. Buys New Position in Global X SuperDividend ETF (NYSEARCA:SDIV)

Howe & Rusling Inc. purchased a new position in shares of Global X SuperDividend ETF (NYSEARCA:SDIV) during the 3rd quarter, Holdings Channel reports. The institutional investor purchased 1,503 shares of the exchange traded fund’s stock, valued at approximately $35,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SDIV. Farther Finance Advisors LLC raised its stake in shares of Global X SuperDividend ETF by 45.8% during the third quarter. Farther Finance Advisors LLC now owns 2,266 shares of the exchange traded fund’s stock valued at $53,000 after purchasing an additional 712 shares during the period. Blue Chip Partners LLC acquired a new stake in Global X SuperDividend ETF during the 2nd quarter valued at $103,000. ORG Partners LLC purchased a new stake in Global X SuperDividend ETF during the 2nd quarter worth $181,000. Founders Financial Alliance LLC boosted its position 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 valued at $333,000 after buying an additional 1,431 shares during the last quarter. Finally, Cetera Advisors LLC acquired a new stake in shares of Global X SuperDividend ETF during the first quarter valued at about $437,000.

Global X SuperDividend ETF Stock Performance

Shares of NYSEARCA SDIV opened at $21.59 on Thursday. Global X SuperDividend ETF has a 1 year low of $20.45 and a 1 year high of $23.78. The stock’s 50-day simple moving average is $22.55 and its 200-day simple moving average is $22.38. The firm has a market cap of $759.54 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.