HighTower Advisors LLC Reduces Position in Global X SuperDividend ETF (NYSEARCA:SDIV)

HighTower Advisors LLC lessened its holdings in shares of Global X SuperDividend ETF (NYSEARCA:SDIV) by 11.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,734 shares of the exchange traded fund’s stock after selling 2,882 shares during the period. HighTower Advisors LLC owned approximately 0.06% of Global X SuperDividend ETF worth $469,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Wealthfront Advisers LLC raised its stake in Global X SuperDividend ETF by 113.0% during the fourth quarter. Wealthfront Advisers LLC now owns 89,683 shares of the exchange traded fund’s stock worth $1,849,000 after purchasing an additional 47,573 shares during the period. Founders Financial Alliance LLC increased its stake in Global X SuperDividend ETF by 5.7% during the 4th quarter. Founders Financial Alliance LLC now owns 18,342 shares of the exchange traded fund’s stock worth $378,000 after buying an additional 981 shares during the period. Raymond James Financial Inc. purchased a new position in Global X SuperDividend ETF in the fourth quarter valued at $1,418,000. SBI Securities Co. Ltd. purchased a new position in Global X SuperDividend ETF in the fourth quarter valued at $897,000. Finally, Jones Financial Companies Lllp raised its holdings in Global X SuperDividend ETF by 60.8% during the fourth quarter. Jones Financial Companies Lllp now owns 10,689 shares of the exchange traded fund’s stock worth $220,000 after purchasing an additional 4,041 shares in the last quarter.

Global X SuperDividend ETF Price Performance

Shares of NYSEARCA:SDIV opened at $21.05 on Monday. Global X SuperDividend ETF has a 1-year low of $20.28 and a 1-year high of $23.78. The firm has a fifty day moving average price of $21.15 and a 200 day moving average price of $21.61. The stock has a market cap of $786.01 million, a P/E ratio of 8.25 and a beta of 1.10.

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.