Northwestern Mutual Wealth Management Co. Makes New Investment in Global X SuperDividend REIT ETF (NASDAQ:SRET)

Northwestern Mutual Wealth Management Co. acquired a new position in shares of Global X SuperDividend REIT ETF (NASDAQ:SRET) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,641 shares of the company’s stock, valued at approximately $56,000.

Other institutional investors also recently added to or reduced their stakes in the company. Raymond James Financial Services Advisors Inc. purchased a new stake in shares of Global X SuperDividend REIT ETF in the 4th quarter worth approximately $6,440,000. Daiwa Securities Group Inc. purchased a new position in shares of Global X SuperDividend REIT ETF in the 4th quarter valued at $658,000. Provident Wealth Management LLC purchased a new position in shares of Global X SuperDividend REIT ETF in the 4th quarter valued at $501,000. Cambridge Investment Research Advisors Inc. grew its position in shares of Global X SuperDividend REIT ETF by 23.3% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 68,087 shares of the company’s stock valued at $1,046,000 after buying an additional 12,880 shares during the last quarter. Finally, Sigma Planning Corp purchased a new position in shares of Global X SuperDividend REIT ETF in the 4th quarter valued at $197,000.

Shares of NASDAQ SRET traded up $1.14 during mid-day trading on Thursday, reaching $7.45. The company had a trading volume of 1,612,442 shares, compared to its average volume of 648,549. The firm has a 50 day simple moving average of $12.91 and a two-hundred day simple moving average of $14.61. Global X SuperDividend REIT ETF has a 52-week low of $4.41 and a 52-week high of $15.77.

The company also recently announced a monthly dividend, which was paid on Thursday, March 12th. Stockholders of record on Thursday, March 5th were paid a $0.101 dividend. This represents a $1.21 annualized dividend and a dividend yield of 16.27%. The ex-dividend date was Wednesday, March 4th. This is a boost from Global X SuperDividend REIT ETF’s previous monthly dividend of $0.10.

Featured Article: Hedge Funds Explained

Want to see what other hedge funds are holding SRET? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X SuperDividend REIT ETF (NASDAQ:SRET).

Institutional Ownership by Quarter for Global X SuperDividend REIT ETF (NASDAQ:SRET)

Receive News & Ratings for Global X SuperDividend REIT ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X SuperDividend REIT ETF and related companies with MarketBeat.com's FREE daily email newsletter.