Latest News for SRET
Bank of America Corp DE raised its stake in Global X SuperDividend REIT ETF (NASDAQ: SRET) by 107.4% during the undefined quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 382,617 shares of the company's stock after buying an additional 198,163 shares during the period. Bank
Global X SuperDividend REIT ETF (SRET) is initiated with a buy rating, citing strong fundamentals, low volatility, and high dividend yield. SRET's portfolio focuses on high-yield, low-volatility REITs, offering diversification across equity and mortgage REITs and international exposure. The fund trades at a forward PE of 8.18x and a price-to-book of 0.96, with a 7.75% dividend yield and monthly payouts.
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