Envestnet Asset Management Inc. Boosts Holdings in Global X SuperDividend ETF (NYSEARCA:SDIV)

Envestnet Asset Management Inc. raised its stake in shares of Global X SuperDividend ETF (NYSEARCA:SDIV) by 37.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 44,148 shares of the exchange traded fund’s stock after buying an additional 11,963 shares during the period. Envestnet Asset Management Inc.’s holdings in Global X SuperDividend ETF were worth $910,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Strategic Financial Concepts LLC raised its position in Global X SuperDividend ETF by 1,962.2% during the fourth quarter. Strategic Financial Concepts LLC now owns 1,094,055 shares of the exchange traded fund’s stock valued at $22,559,000 after acquiring an additional 1,041,001 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Global X SuperDividend ETF during the 4th quarter worth approximately $1,418,000. LPL Financial LLC increased its holdings in shares of Global X SuperDividend ETF by 10.0% during the 4th quarter. LPL Financial LLC now owns 707,093 shares of the exchange traded fund’s stock valued at $14,580,000 after purchasing an additional 63,989 shares in the last quarter. Wealthfront Advisers LLC increased its holdings in shares of Global X SuperDividend ETF by 113.0% during the 4th quarter. Wealthfront Advisers LLC now owns 89,683 shares of the exchange traded fund’s stock valued at $1,849,000 after purchasing an additional 47,573 shares in the last quarter. Finally, SBI Securities Co. Ltd. acquired a new position in shares of Global X SuperDividend ETF in the 4th quarter valued at $897,000.

Global X SuperDividend ETF Stock Performance

Shares of NYSEARCA SDIV opened at $20.85 on Friday. The company has a market capitalization of $783.13 million, a PE ratio of 7.01 and a beta of 0.84. The company’s fifty day moving average price is $20.42 and its 200 day moving average price is $21.05. Global X SuperDividend ETF has a 1 year low of $17.87 and a 1 year high of $23.78.

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.