M Holdings Securities Inc. Buys New Position in Global X SuperDividend REIT ETF $SRET

M Holdings Securities Inc. purchased a new position in shares of Global X SuperDividend REIT ETF (NASDAQ:SRET) during the second quarter, Holdings Channel reports. The firm purchased 31,731 shares of the company’s stock, valued at approximately $782,000.

Several other institutional investors also recently added to or reduced their stakes in SRET. Bank of America Corp DE boosted its holdings in shares of Global X SuperDividend REIT ETF by 107.4% in the first quarter. Bank of America Corp DE now owns 382,617 shares of the company’s stock valued at $8,111,000 after acquiring an additional 198,163 shares during the period. LPL Financial LLC raised its position in Global X SuperDividend REIT ETF by 9.5% in the 4th quarter. LPL Financial LLC now owns 471,040 shares of the company’s stock valued at $10,257,000 after purchasing an additional 40,743 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Global X SuperDividend REIT ETF by 12.1% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 366,561 shares of the company’s stock worth $7,932,000 after purchasing an additional 39,710 shares during the period. Susquehanna International Group LLP grew its position in Global X SuperDividend REIT ETF by 234.8% during the 3rd quarter. Susquehanna International Group LLP now owns 46,706 shares of the company’s stock worth $1,011,000 after purchasing an additional 32,757 shares during the last quarter. Finally, Family Management Corp acquired a new position in Global X SuperDividend REIT ETF in the third quarter valued at $289,000.

Global X SuperDividend REIT ETF Stock Performance

NASDAQ SRET opened at $22.19 on Monday. The firm’s fifty day moving average is $22.61 and its two-hundred day moving average is $22.37. Global X SuperDividend REIT ETF has a one year low of $20.72 and a one year high of $23.48. The firm has a market cap of $228.34 million, a PE ratio of 16.47 and a beta of 0.85.

Global X SuperDividend REIT ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Wednesday, August 12th. Investors of record on Wednesday, August 5th were issued a dividend of $0.1822 per share. The ex-dividend date of this dividend was Wednesday, August 5th. This represents a c) dividend on an annualized basis and a dividend yield of 9.9%.

About Global X SuperDividend REIT ETF

The Global X SuperDividend REIT ETF (SRET) is an exchange-traded fund that is based on the Solactive Global Superdividend REIT index. The fund tracks an equal-weighted index of global REITs, choosing 30 high-yield, low-volatility companies. SRET was launched on Mar 17, 2015 and is managed by Global X.