Valeo Financial Advisors LLC Acquires New Holdings in Global X S&P 500 Covered Call ETF $XYLD

Valeo Financial Advisors LLC bought a new stake in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 18,000 shares of the company’s stock, valued at approximately $707,000.

Other institutional investors also recently made changes to their positions in the company. Solutions 4 Wealth Ltd boosted its stake in shares of Global X S&P 500 Covered Call ETF by 3.0% during the 2nd quarter. Solutions 4 Wealth Ltd now owns 8,774 shares of the company’s stock worth $342,000 after purchasing an additional 258 shares during the last quarter. MeadowBrook Investment Advisors LLC lifted its stake in shares of Global X S&P 500 Covered Call ETF by 7.6% during the third quarter. MeadowBrook Investment Advisors LLC now owns 3,836 shares of the company’s stock valued at $151,000 after buying an additional 270 shares during the period. Blue Chip Partners LLC boosted its position in Global X S&P 500 Covered Call ETF by 1.4% during the second quarter. Blue Chip Partners LLC now owns 29,209 shares of the company’s stock worth $1,137,000 after acquiring an additional 409 shares during the last quarter. Park Avenue Securities LLC boosted its position in Global X S&P 500 Covered Call ETF by 2.5% during the third quarter. Park Avenue Securities LLC now owns 20,232 shares of the company’s stock worth $794,000 after acquiring an additional 497 shares during the last quarter. Finally, First Citizens Bank & Trust Co. grew its stake in Global X S&P 500 Covered Call ETF by 5.8% in the 2nd quarter. First Citizens Bank & Trust Co. now owns 9,248 shares of the company’s stock worth $360,000 after acquiring an additional 506 shares during the period.

Global X S&P 500 Covered Call ETF Trading Down 0.1%

Global X S&P 500 Covered Call ETF stock opened at $40.74 on Friday. The stock has a fifty day moving average price of $40.62 and a 200 day moving average price of $39.76. Global X S&P 500 Covered Call ETF has a 52 week low of $34.53 and a 52 week high of $42.92. The firm has a market capitalization of $3.18 billion, a P/E ratio of 25.32 and a beta of 0.53.

Global X S&P 500 Covered Call ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th were given a $0.3597 dividend. The ex-dividend date of this dividend was Tuesday, January 20th. This is a positive change from Global X S&P 500 Covered Call ETF’s previous monthly dividend of $0.33. This represents a c) annualized dividend and a dividend yield of 10.6%.

About Global X S&P 500 Covered Call ETF

The Global X S&P 500 Covered Call ETF (XYLD) is an exchange-traded fund that is based on the Cboe S&P 500 BuyWrite index. The fund tracks an index of S&P 500 stocks and sells one-month, at-the-money call options on up to 100% of each stock. XYLD was launched on Jun 24, 2013 and is managed by Global X.