Western Wealth Management LLC Trims Stock Position in Global X SuperDividend ETF $SDIV

Western Wealth Management LLC cut its holdings in shares of Global X SuperDividend ETF (NYSEARCA:SDIV) by 12.3% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 15,714 shares of the exchange traded fund’s stock after selling 2,199 shares during the period. Western Wealth Management LLC’s holdings in Global X SuperDividend ETF were worth $354,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SDIV. CWM LLC lifted its holdings in shares of Global X SuperDividend ETF by 794.7% in the 2nd quarter. CWM LLC now owns 2,174 shares of the exchange traded fund’s stock valued at $49,000 after buying an additional 1,931 shares during the period. Simplex Trading LLC acquired a new stake in Global X SuperDividend ETF during the second quarter worth about $75,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in Global X SuperDividend ETF during the second quarter valued at approximately $86,000. Crews Bank & Trust lifted its holdings in Global X SuperDividend ETF by 69.2% in the second quarter. Crews Bank & Trust now owns 6,115 shares of the exchange traded fund’s stock valued at $138,000 after acquiring an additional 2,500 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in Global X SuperDividend ETF by 11.3% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 11,154 shares of the exchange traded fund’s stock valued at $234,000 after acquiring an additional 1,132 shares during the period.

Global X SuperDividend ETF Price Performance

Shares of NYSEARCA SDIV opened at $24.10 on Wednesday. The stock has a market capitalization of $1.03 billion, a price-to-earnings ratio of 8.00 and a beta of 0.85. Global X SuperDividend ETF has a 12 month low of $17.87 and a 12 month high of $24.40. The firm’s 50 day simple moving average is $23.79 and its 200-day simple moving average is $23.06.

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.