International Assets Investment Management LLC Grows Position in Global X Russell 2000 Covered Call ETF $RYLD

International Assets Investment Management LLC boosted its stake in Global X Russell 2000 Covered Call ETF (NYSEARCA:RYLD) by 19.1% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 292,259 shares of the company’s stock after acquiring an additional 46,772 shares during the period. International Assets Investment Management LLC’s holdings in Global X Russell 2000 Covered Call ETF were worth $4,398,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Bank of America Corp DE increased its position in shares of Global X Russell 2000 Covered Call ETF by 4.0% during 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 acquiring an additional 80,134 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of Global X Russell 2000 Covered Call ETF by 12.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 923,028 shares of the company’s stock worth $13,819,000 after acquiring an additional 99,936 shares during the last quarter. AlphaStar Capital Management LLC boosted its position in shares of Global X Russell 2000 Covered Call ETF by 28.0% during the 2nd quarter. AlphaStar Capital Management LLC now owns 554,027 shares of the company’s stock worth $8,261,000 after purchasing an additional 121,070 shares during the period. Brookstone Capital Management boosted its position in shares of Global X Russell 2000 Covered Call ETF by 0.6% during the 3rd quarter. Brookstone Capital Management now owns 530,600 shares of the company’s stock worth $7,986,000 after purchasing an additional 3,363 shares during the period. Finally, Envestnet Asset Management Inc. increased its holdings in Global X Russell 2000 Covered Call ETF by 22.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 425,943 shares of the company’s stock valued at $6,351,000 after purchasing an additional 78,735 shares during the last quarter.

Global X Russell 2000 Covered Call ETF Stock Down 0.6%

NYSEARCA:RYLD opened at $15.60 on Friday. Global X Russell 2000 Covered Call ETF has a 52 week low of $13.16 and a 52 week high of $16.87. The stock’s fifty day moving average is $15.42 and its two-hundred day moving average is $15.22. The stock has a market capitalization of $1.31 billion, a price-to-earnings ratio of 15.90 and a beta of 0.59.

Global X Russell 2000 Covered Call ETF Increases Dividend

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

Global X Russell 2000 Covered Call ETF 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.