Flaharty Asset Management LLC Buys Shares of 52,472 Global X S&P 500 Covered Call ETF $XYLD

Flaharty Asset Management LLC purchased a new position in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLDFree Report) during the third quarter, Holdings Channel reports. The fund purchased 52,472 shares of the company’s stock, valued at approximately $2,060,000.

A number of other institutional investors have also modified their holdings of the company. MGB Wealth Management LLC purchased a new stake in shares of Global X S&P 500 Covered Call ETF in the 2nd quarter valued at $26,000. GHP Investment Advisors Inc. acquired a new position in Global X S&P 500 Covered Call ETF in the 2nd quarter valued at about $34,000. Activest Wealth Management purchased a new stake in Global X S&P 500 Covered Call ETF during the third quarter worth about $39,000. Farther Finance Advisors LLC acquired a new stake in shares of Global X S&P 500 Covered Call ETF during the third quarter worth about $58,000. Finally, EP Wealth Advisors LLC purchased a new position in shares of Global X S&P 500 Covered Call ETF in the second quarter valued at approximately $100,000.

Global X S&P 500 Covered Call ETF Stock Performance

Shares of XYLD stock opened at $40.74 on Friday. Global X S&P 500 Covered Call ETF has a fifty-two week low of $34.53 and a fifty-two week high of $42.92. The company has a 50 day moving average price of $40.62 and a 200 day moving average price of $39.76. The stock 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 firm also recently declared a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th were paid a $0.3597 dividend. This represents a c) annualized dividend and a dividend yield of 10.6%. This is a positive change from Global X S&P 500 Covered Call ETF’s previous monthly dividend of $0.33. The ex-dividend date was Tuesday, January 20th.

Global X S&P 500 Covered Call ETF Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding XYLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X S&P 500 Covered Call ETF (NYSEARCA:XYLDFree Report).

Institutional Ownership by Quarter for Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

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