SDIV, officially known as the Global X SuperDividend ETF, is owned by its shareholders, which comprise a diverse array of institutional investors, financial firms, and individual investors who hold shares of the exchange-traded fund on the stock market.
Understanding SDIV Ownership
An Exchange Traded Fund (ETF) like SDIV functions similarly to a mutual fund but trades like a stock on a stock exchange. When you "own" SDIV, you own shares of the fund, which in turn holds a diversified portfolio of high-dividend-yielding equities from around the world. The ownership of an ETF is distributed among all entities and individuals who purchase its shares.
Key Shareholders of SDIV
While many individual investors hold shares, a significant portion of SDIV's ownership is typically held by large institutional investors and financial services companies. These entities often manage portfolios for their clients, including pension funds, endowments, or high-net-worth individuals, and invest in ETFs like SDIV to gain exposure to specific market segments or investment strategies.
Among the largest institutional shareholders of SDIV are:
| Shareholder Name |
|---|
| LPL Financial LLC |
| Morgan Stanley |
| Bank Of America Corp /de/ |
| UBS Group AG |
| Wells Fargo & Company/mn |
| Advisor Group Holdings, Inc. |
| Jane Street Group, Llc |
| Newbridge Financial Services Group, Inc. |
| Cambridge Investment Research Advisors, Inc. |
| Fifth Third Securities, Inc. |
These firms hold substantial positions in SDIV, reflecting their investment strategies and the collective holdings of their clients. It's important to note that the exact holdings and rankings of shareholders can change over time as shares are bought and sold on the open market.
