Belpointe Asset Management LLC Buys Shares of 1,838 Global X SuperDividend REIT ETF (NASDAQ:SRET)

Belpointe Asset Management LLC bought a new stake in shares of Global X SuperDividend REIT ETF (NASDAQ:SRET – Get Rating) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 1,838 shares of the company’s stock, valued at approximately $40,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Global Retirement Partners LLC increased its position in shares of Global X SuperDividend REIT ETF by 133.3% during the third quarter. Global Retirement Partners LLC now owns 3,500 shares of the company’s stock valued at $25,000 after acquiring an additional 2,000 shares in the last quarter. UBS Group AG boosted its stake in shares of Global X SuperDividend REIT ETF by 154.1% during the 2nd quarter. UBS Group AG now owns 3,558 shares of the company’s stock worth $29,000 after acquiring an additional 2,158 shares during the last quarter. Goldman Sachs Group Inc. purchased a new position in shares of Global X SuperDividend REIT ETF during the 1st quarter valued at $92,000. Kinloch Capital LLC purchased a new position in shares of Global X SuperDividend REIT ETF during the 3rd quarter valued at $116,000. Finally, Atria Wealth Solutions Inc. purchased a new position in shares of Global X SuperDividend REIT ETF during the 1st quarter valued at $184,000.

Global X SuperDividend REIT ETF Stock Performance

Shares of NASDAQ SRET opened at $20.43 on Friday. The company has a market cap of $253.94 million, a P/E ratio of 22.23 and a beta of 1.22. The firm’s fifty day moving average is $21.19 and its two-hundred day moving average is $21.74. Global X SuperDividend REIT ETF has a 52-week low of $19.77 and a 52-week high of $26.37.

Global X SuperDividend REIT ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, May 11th. Shareholders of record on Thursday, May 4th were issued a $0.135 dividend. The ex-dividend date of this dividend was Wednesday, May 3rd. This represents a $1.62 dividend on an annualized basis and a yield of 7.93%.

About Global X SuperDividend REIT ETF

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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.