Wealthfront Advisers LLC Has $2.42 Million Stock Holdings in Global X SuperDividend ETF $SDIV

Wealthfront Advisers LLC grew its stake in shares of Global X SuperDividend ETF (NYSEARCA:SDIV) by 63.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 95,789 shares of the exchange traded fund’s stock after purchasing an additional 37,336 shares during the period. Wealthfront Advisers LLC owned about 0.20% of Global X SuperDividend ETF worth $2,420,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Howard Capital Management Inc. boosted its stake in Global X SuperDividend ETF by 8.7% in the 4th quarter. Howard Capital Management Inc. now owns 834,871 shares of the exchange traded fund’s stock worth $20,062,000 after purchasing an additional 66,655 shares during the period. AE Wealth Management LLC grew its position in Global X SuperDividend ETF by 517.2% during the 4th quarter. AE Wealth Management LLC now owns 124,899 shares of the exchange traded fund’s stock worth $3,001,000 after purchasing an additional 104,663 shares in the last quarter. Ameritas Advisory Services LLC raised its stake in Global X SuperDividend ETF by 748.5% during the 4th quarter. Ameritas Advisory Services LLC now owns 28,067 shares of the exchange traded fund’s stock valued at $674,000 after purchasing an additional 24,759 shares during the period. C2C Wealth Management LLC acquired a new stake in Global X SuperDividend ETF during the 1st quarter valued at $528,000. Finally, Potomac Fund Management Inc. ADV lifted its holdings in shares of Global X SuperDividend ETF by 15.8% in the fourth quarter. Potomac Fund Management Inc. ADV now owns 584,970 shares of the exchange traded fund’s stock valued at $14,057,000 after purchasing an additional 80,000 shares in the last quarter.

Global X SuperDividend ETF Stock Down 0.7%

SDIV opened at $24.73 on Tuesday. The firm has a market capitalization of $1.21 billion, a P/E ratio of 8.00 and a beta of 0.72. The stock has a fifty day moving average of $24.77 and a 200-day moving average of $25.25. Global X SuperDividend ETF has a 12-month low of $22.73 and a 12-month high of $26.44.

About Global X SuperDividend ETF

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.