Global X Russell 2000 Covered Call ETF $RYLD Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lessened its position in shares of Global X Russell 2000 Covered Call ETF (NYSEARCA:RYLD) by 25.2% in the 3rd quarter, HoldingsChannel reports. The fund owned 185,505 shares of the company’s stock after selling 62,357 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Global X Russell 2000 Covered Call ETF were worth $2,818,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. AlphaCore Capital LLC raised its holdings in shares of Global X Russell 2000 Covered Call ETF by 91.4% in the 2nd quarter. AlphaCore Capital LLC now owns 2,094 shares of the company’s stock valued at $31,000 after purchasing an additional 1,000 shares in the last quarter. Farther Finance Advisors LLC purchased a new stake in Global X Russell 2000 Covered Call ETF during the 2nd quarter worth about $34,000. WealthShield Partners LLC acquired a new position in shares of Global X Russell 2000 Covered Call ETF during the 2nd quarter worth about $148,000. Stablepoint Partners LLC purchased a new stake in Global X Russell 2000 Covered Call ETF during the second quarter worth approximately $155,000. Finally, Northwestern Mutual Wealth Management Co. grew its position in shares of Global X Russell 2000 Covered Call ETF by 1,032.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 11,328 shares of the company’s stock valued at $169,000 after buying an additional 10,328 shares during the last quarter.

Global X Russell 2000 Covered Call ETF Price Performance

Shares of NYSEARCA:RYLD opened at $15.59 on Thursday. Global X Russell 2000 Covered Call ETF has a 12 month low of $13.16 and a 12 month high of $16.87. The firm has a market capitalization of $1.31 billion, a P/E ratio of 15.90 and a beta of 0.59. The company’s fifty day moving average price is $15.46 and its 200 day moving average price is $15.23.

Global X Russell 2000 Covered Call ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th were issued a $0.1573 dividend. This represents a c) annualized dividend and a dividend yield of 12.1%. The ex-dividend date of this dividend was Tuesday, January 20th. This is an increase from Global X Russell 2000 Covered Call ETF’s previous monthly dividend of $0.16.

About Global X Russell 2000 Covered Call ETF

The Global X Russell 2000 Covered Call ETF (RYLD) is an exchange-traded fund that is based on the CBOE Russell 2000 BuyWrite index. The fund tracks a market-cap selected and weighted index along with call options for the underlying index. RYLD was launched on Apr 17, 2019 and is managed by Global X.