Belpointe Asset Management LLC Purchases Shares of 1,573 Global X SuperDividend ETF (NYSEARCA:SDIV)

Belpointe Asset Management LLC purchased a new stake in Global X SuperDividend ETF (NYSEARCA:SDIV – Get Rating) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,573 shares of the exchange traded fund’s stock, valued at approximately $38,000.

Several other hedge funds also recently added to or reduced their stakes in the business. Bank of America Corp DE boosted its stake in shares of Global X SuperDividend ETF by 18.4% during the 1st quarter. Bank of America Corp DE now owns 965,999 shares of the exchange traded fund’s stock worth $11,070,000 after acquiring an additional 150,035 shares in the last quarter. UBS Group AG boosted its stake in shares of Global X SuperDividend ETF by 0.7% during the 1st quarter. UBS Group AG now owns 240,784 shares of the exchange traded fund’s stock worth $2,759,000 after acquiring an additional 1,638 shares in the last quarter. OLD Mission Capital LLC purchased a new stake in shares of Global X SuperDividend ETF during the 3rd quarter worth about $1,338,000. Royal Bank of Canada raised its position in shares of Global X SuperDividend ETF by 264.5% during the 3rd quarter. Royal Bank of Canada now owns 164,865 shares of the exchange traded fund’s stock worth $1,243,000 after purchasing an additional 119,640 shares during the last quarter. Finally, Citadel Advisors LLC acquired a new position in shares of Global X SuperDividend ETF during the 3rd quarter worth about $1,202,000.

Global X SuperDividend ETF Stock Down 2.0 %

SDIV opened at $21.00 on Friday. Global X SuperDividend ETF has a twelve month low of $20.93 and a twelve month high of $32.07. The company has a 50-day moving average price of $22.43 and a 200 day moving average price of $23.98. The company has a market cap of $696.99 million, a PE ratio of 4.46 and a beta of 1.10.

Global X SuperDividend ETF Profile

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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.