BTS Asset Management Inc. Acquires Shares of 26,802 Global X SuperDividend ETF $SDIV

BTS Asset Management Inc. acquired a new stake in shares of Global X SuperDividend ETF (NYSEARCA:SDIV) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 26,802 shares of the exchange traded fund’s stock, valued at approximately $604,000. Global X SuperDividend ETF comprises 0.7% of BTS Asset Management Inc.’s investment portfolio, making the stock its 5th biggest holding. BTS Asset Management Inc. owned 0.07% of Global X SuperDividend ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in SDIV. Kingstone Capital Partners Texas LLC raised its stake in shares of Global X SuperDividend ETF by 115,987.7% in the second quarter. Kingstone Capital Partners Texas LLC now owns 12,402,814 shares of the exchange traded fund’s stock valued at $268,155,000 after acquiring an additional 12,392,130 shares during the period. Signal Advisors Wealth LLC raised its stake in shares of Global X SuperDividend ETF by 723.0% in the second quarter. Signal Advisors Wealth LLC now owns 528,346 shares of the exchange traded fund’s stock valued at $11,914,000 after acquiring an additional 464,151 shares during the period. Synergy Asset Management LLC purchased a new stake in shares of Global X SuperDividend ETF in the second quarter valued at $1,973,000. LPL Financial LLC raised its stake in shares of Global X SuperDividend ETF by 7.1% in the first quarter. LPL Financial LLC now owns 757,414 shares of the exchange traded fund’s stock valued at $15,883,000 after acquiring an additional 50,321 shares during the period. Finally, NewEdge Advisors LLC raised its stake in shares of Global X SuperDividend ETF by 170.6% in the first quarter. NewEdge Advisors LLC now owns 70,519 shares of the exchange traded fund’s stock valued at $1,479,000 after acquiring an additional 44,458 shares during the period.

Global X SuperDividend ETF Trading Down 0.7%

Shares of SDIV opened at $23.23 on Wednesday. Global X SuperDividend ETF has a twelve month low of $17.87 and a twelve month high of $24.40. The company has a market cap of $989.60 million, a P/E ratio of 8.00 and a beta of 1.10. The company’s fifty day simple moving average is $23.69 and its 200-day simple moving average is $22.42.

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.