Foguth Wealth Management LLC. Buys 870,372 Shares of Global X SuperDividend ETF $SDIV

Foguth Wealth Management LLC. grew its stake in shares of Global X SuperDividend ETF (NYSEARCA:SDIV) by 219.8% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,266,289 shares of the exchange traded fund’s stock after buying an additional 870,372 shares during the quarter. Global X SuperDividend ETF makes up 3.9% of Foguth Wealth Management LLC.’s holdings, making the stock its 5th biggest holding. Foguth Wealth Management LLC. owned approximately 2.58% of Global X SuperDividend ETF worth $31,771,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of SDIV. Western Wealth Management LLC grew its position in Global X SuperDividend ETF by 8.9% during the 1st quarter. Western Wealth Management LLC now owns 12,895 shares of the exchange traded fund’s stock worth $326,000 after acquiring an additional 1,056 shares during the last quarter. Bank of America Corp DE increased its holdings in Global X SuperDividend ETF by 6.8% in the 1st quarter. Bank of America Corp DE now owns 533,786 shares of the exchange traded fund’s stock worth $13,483,000 after purchasing an additional 33,929 shares in the last quarter. Royal Bank of Canada raised its position in Global X SuperDividend ETF by 9.1% in the first quarter. Royal Bank of Canada now owns 36,881 shares of the exchange traded fund’s stock valued at $932,000 after purchasing an additional 3,075 shares during the last quarter. Independent Financial Group LLC bought a new position in Global X SuperDividend ETF in the first quarter valued at about $320,000. Finally, Wealthfront Advisers LLC boosted its stake in shares of Global X SuperDividend ETF by 63.9% during the first quarter. Wealthfront Advisers LLC now owns 95,789 shares of the exchange traded fund’s stock valued at $2,420,000 after purchasing an additional 37,336 shares in the last quarter.

Global X SuperDividend ETF Trading Down 0.4%

NYSEARCA:SDIV opened at $24.88 on Friday. The stock has a market cap of $1.22 billion, a P/E ratio of 8.00 and a beta of 0.72. The stock’s 50-day moving average is $24.67 and its 200-day moving average is $25.27. Global X SuperDividend ETF has a 1-year low of $22.73 and a 1-year high of $26.44.

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.