PMG Family Office LLC Acquires Shares of 25,612 Global X Dow 30 Covered Call ETF $DJIA

PMG Family Office LLC bought a new position in Global X Dow 30 Covered Call ETF (NYSEARCA:DJIA) during the third quarter, Holdings Channel reports. The fund bought 25,612 shares of the company’s stock, valued at approximately $560,000.

Other institutional investors also recently modified their holdings of the company. J.W. Cole Advisors Inc. purchased a new stake in Global X Dow 30 Covered Call ETF in the second quarter worth about $12,340,000. NewEdge Advisors LLC bought a new position in shares of Global X Dow 30 Covered Call ETF during the third quarter valued at approximately $731,000. WCG Wealth Advisors LLC lifted its holdings in shares of Global X Dow 30 Covered Call ETF by 95.0% during the second quarter. WCG Wealth Advisors LLC now owns 53,721 shares of the company’s stock valued at $1,165,000 after purchasing an additional 26,171 shares during the last quarter. Jane Street Group LLC lifted its holdings in shares of Global X Dow 30 Covered Call ETF by 93.5% during the first quarter. Jane Street Group LLC now owns 33,826 shares of the company’s stock valued at $747,000 after purchasing an additional 16,342 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its position in shares of Global X Dow 30 Covered Call ETF by 24.6% in the 3rd quarter. Raymond James Financial Inc. now owns 81,064 shares of the company’s stock worth $1,771,000 after purchasing an additional 16,018 shares in the last quarter.

Global X Dow 30 Covered Call ETF Trading Down 1.5%

NYSEARCA DJIA opened at $21.24 on Thursday. Global X Dow 30 Covered Call ETF has a 12 month low of $19.59 and a 12 month high of $22.75. The stock has a market cap of $155.90 million, a P/E ratio of 21.12 and a beta of 0.47. The stock’s fifty day moving average price is $22.20 and its 200-day moving average price is $22.15.

Global X Dow 30 Covered Call ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 26th. Shareholders of record on Monday, February 23rd were given a $0.1085 dividend. The ex-dividend date of this dividend was Monday, February 23rd. This represents a c) dividend on an annualized basis and a yield of 6.1%.

Global X Dow 30 Covered Call ETF Profile

The Global X Dow 30 Covered Call ETF (DJIA) is an exchange-traded fund that is based on the DJIA Cboe BuyWrite v2 index. The fund tracks an index that uses a covered-call strategy to provide long exposure to the stocks in the Dow Jones Industrial Average and sell at-the-money index call options on each position. DJIA was launched on Feb 23, 2022 and is managed by Global X.