9,890 Shares in Global X SuperDividend REIT ETF (NASDAQ:SRET) Acquired by HighTower Advisors LLC

HighTower Advisors LLC bought a new position in shares of Global X SuperDividend REIT ETF (NASDAQ:SRET) during the third quarter, HoldingsChannel reports. The institutional investor bought 9,890 shares of the company’s stock, valued at approximately $222,000.

Separately, Daiwa Securities Group Inc. raised its position in shares of Global X SuperDividend REIT ETF by 28.4% in the 2nd quarter. Daiwa Securities Group Inc. now owns 1,040,000 shares of the company’s stock valued at $20,738,000 after purchasing an additional 230,000 shares during the last quarter.

Global X SuperDividend REIT ETF Stock Performance

Shares of SRET opened at $20.31 on Wednesday. The stock has a 50-day moving average of $21.19 and a two-hundred day moving average of $21.21. The stock has a market cap of $209.19 million, a P/E ratio of 9.61 and a beta of 1.22. Global X SuperDividend REIT ETF has a one year low of $18.90 and a one year high of $22.88.

Global X SuperDividend REIT ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, November 13th. Stockholders of record on Tuesday, November 5th were issued a dividend of $0.155 per share. This represents a $1.86 annualized dividend and a dividend yield of 9.16%. The ex-dividend date of this dividend was Tuesday, November 5th.

Global X SuperDividend REIT ETF Company Profile

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.