Cetera Investment Advisers Increases Position in Global X SuperDividend ETF (NYSEARCA:SDIV)

Cetera Investment Advisers increased its stake in Global X SuperDividend ETF (NYSEARCA:SDIV) by 30.1% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 43,761 shares of the exchange traded fund’s stock after acquiring an additional 10,135 shares during the period. Cetera Investment Advisers owned about 0.12% of Global X SuperDividend ETF worth $964,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. International Assets Investment Management LLC raised its stake in shares of Global X SuperDividend ETF by 9.7% during the first quarter. International Assets Investment Management LLC now owns 15,363 shares of the exchange traded fund’s stock valued at $331,000 after acquiring an additional 1,354 shares during the last quarter. NewEdge Advisors LLC raised its stake in shares of Global X SuperDividend ETF by 5.8% during the second quarter. NewEdge Advisors LLC now owns 45,585 shares of the exchange traded fund’s stock valued at $1,004,000 after acquiring an additional 2,490 shares during the last quarter. Blue Chip Partners LLC bought a new position in shares of Global X SuperDividend ETF during the second quarter valued at about $103,000. ORG Partners LLC bought a new position in shares of Global X SuperDividend ETF during the second quarter valued at about $181,000. Finally, Fifth Third Securities Inc. raised its stake in shares of Global X SuperDividend ETF by 27.7% during the second quarter. Fifth Third Securities Inc. now owns 76,313 shares of the exchange traded fund’s stock valued at $1,680,000 after acquiring an additional 16,543 shares during the last quarter.

Global X SuperDividend ETF Stock Performance

Shares of NYSEARCA SDIV opened at $22.81 on Friday. Global X SuperDividend ETF has a fifty-two week low of $20.06 and a fifty-two week high of $23.78. The company has a 50 day simple moving average of $22.61 and a two-hundred day simple moving average of $22.26. The company has a market capitalization of $802.46 million, a price-to-earnings ratio of 3.72 and a beta of 0.93.

Global X SuperDividend ETF 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.