Foguth Wealth Management LLC. Takes Position in Global X SuperDividend ETF $SDIV
by Scott Moore · The Cerbat GemFoguth Wealth Management LLC. acquired a new position in Global X SuperDividend ETF (NYSEARCA:SDIV – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 395,917 shares of the exchange traded fund’s stock, valued at approximately $9,581,000. Global X SuperDividend ETF comprises about 1.5% of Foguth Wealth Management LLC.’s holdings, making the stock its 22nd largest holding. Foguth Wealth Management LLC. owned approximately 0.89% of Global X SuperDividend ETF as of its most recent SEC filing.
Other large investors have also recently modified their holdings of the company. KERR FINANCIAL PLANNING Corp purchased a new position in Global X SuperDividend ETF in the 3rd quarter worth $25,000. Total Investment Management Inc. purchased a new stake in Global X SuperDividend ETF during the 2nd quarter valued at about $34,000. MAI Capital Management increased its holdings in shares of Global X SuperDividend ETF by 51,150.0% in the second quarter. MAI Capital Management now owns 2,050 shares of the exchange traded fund’s stock valued at $46,000 after purchasing an additional 2,046 shares during the period. Ameriflex Group Inc. acquired a new position in shares of Global X SuperDividend ETF in the third quarter valued at about $57,000. Finally, Advisory Services Network LLC purchased a new position in shares of Global X SuperDividend ETF in the third quarter worth about $157,000.
Global X SuperDividend ETF Price Performance
SDIV opened at $25.09 on Friday. The firm has a fifty day moving average price of $25.65 and a 200 day moving average price of $24.52. Global X SuperDividend ETF has a 1 year low of $17.87 and a 1 year high of $26.44. The stock has a market cap of $1.17 billion, a P/E ratio of 8.00 and a beta of 0.85.
Global X SuperDividend ETF Announces Dividend
The business also recently declared a monthly dividend, which was paid on Wednesday, February 11th. Investors of record on Wednesday, February 4th were issued a $0.19 dividend. This represents a c) annualized dividend and a yield of 9.1%. The ex-dividend date of this dividend was Wednesday, February 4th.
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.