HUB Investment Partners LLC Sells 153,957 Shares of Global X Russell 2000 Covered Call ETF $RYLD

HUB Investment Partners LLC decreased its position in shares of Global X Russell 2000 Covered Call ETF (NYSEARCA:RYLD) by 13.2% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 1,009,634 shares of the company’s stock after selling 153,957 shares during the quarter. HUB Investment Partners LLC’s holdings in Global X Russell 2000 Covered Call ETF were worth $15,195,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Avantax Advisory Services Inc. grew its stake in shares of Global X Russell 2000 Covered Call ETF by 392.7% in the second quarter. Avantax Advisory Services Inc. now owns 146,111 shares of the company’s stock valued at $2,179,000 after acquiring an additional 116,453 shares in the last quarter. Corient Private Wealth LLC acquired a new position in shares of Global X Russell 2000 Covered Call ETF during the 2nd quarter worth approximately $1,687,000. Ameriprise Financial Inc. increased its holdings in shares of Global X Russell 2000 Covered Call ETF by 12.1% during the second quarter. Ameriprise Financial Inc. now owns 923,028 shares of the company’s stock worth $13,819,000 after purchasing an additional 99,936 shares during the period. Bank of America Corp DE raised its position in shares of Global X Russell 2000 Covered Call ETF by 4.0% in the second quarter. Bank of America Corp DE now owns 2,107,785 shares of the company’s stock valued at $31,427,000 after buying an additional 80,134 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in shares of Global X Russell 2000 Covered Call ETF by 22.7% in the second quarter. Envestnet Asset Management Inc. now owns 425,943 shares of the company’s stock valued at $6,351,000 after buying an additional 78,735 shares during the period.

Global X Russell 2000 Covered Call ETF Price Performance

Global X Russell 2000 Covered Call ETF stock opened at $15.22 on Friday. The stock’s fifty day moving average price is $15.62 and its two-hundred day moving average price is $15.37. The firm has a market cap of $1.29 billion, a PE ratio of 15.90 and a beta of 0.59. Global X Russell 2000 Covered Call ETF has a one year low of $13.16 and a one year high of $16.02.

Global X Russell 2000 Covered Call ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 26th. Investors of record on Monday, February 23rd were given a dividend of $0.1584 per share. This is a positive change from Global X Russell 2000 Covered Call ETF’s previous monthly dividend of $0.16. This represents a c) annualized dividend and a yield of 12.5%. The ex-dividend date of this dividend was Monday, February 23rd.

Global X Russell 2000 Covered Call ETF Company Profile

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.