Global X SuperDividend ETF $SDIV Stock: Kingswood Wealth Advisors LLC Trims Position

Kingswood Wealth Advisors LLC trimmed its holdings in Global X SuperDividend ETF (NYSEARCA:SDIV) by 37.7% during the third quarter, Holdings Channel reports. The institutional investor owned 57,554 shares of the exchange traded fund’s stock after selling 34,873 shares during the period. Kingswood Wealth Advisors LLC’s holdings in Global X SuperDividend ETF were worth $1,345,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Foguth Wealth Management LLC. grew its holdings in Global X SuperDividend ETF by 219.8% in the 1st quarter. Foguth Wealth Management LLC. now owns 1,266,289 shares of the exchange traded fund’s stock valued at $31,771,000 after buying an additional 870,372 shares during the period. Fifth Third Securities Inc. acquired a new position in shares of Global X SuperDividend ETF during the 3rd quarter valued at about $4,605,000. Wealthfront Advisers LLC increased its stake in shares of Global X SuperDividend ETF by 63.9% during the 1st quarter. Wealthfront Advisers LLC now owns 95,789 shares of the exchange traded fund’s stock valued at $2,420,000 after acquiring an additional 37,336 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of Global X SuperDividend ETF by 6.8% during 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 acquiring an additional 33,929 shares during the period. Finally, Sterling Manor Financial LLC purchased a new position in shares of Global X SuperDividend ETF during the 3rd quarter worth about $673,000.

Global X SuperDividend ETF Price Performance

Shares of SDIV stock opened at $23.02 on Wednesday. The firm’s 50-day simple moving average is $24.21 and its 200-day simple moving average is $24.98. Global X SuperDividend ETF has a 1-year low of $22.75 and a 1-year high of $26.44. The firm has a market cap of $1.14 billion, a P/E ratio of 8.00 and a beta of 0.73.

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.