Global X Dow 30 Covered Call ETF (NYSEARCA:DJIA) Stock Price Up 0.2% – Here’s Why

Global X Dow 30 Covered Call ETF (NYSEARCA:DJIA) shares rose 0.2% during mid-day trading on Thursday . The company traded as high as $21.42 and last traded at $21.37. Approximately 44,014 shares changed hands during trading, a decline of 38% from the average daily volume of 70,999 shares. The stock had previously closed at $21.32.

Global X Dow 30 Covered Call ETF Trading Up 0.2%

The business has a fifty day moving average of $21.81 and a 200-day moving average of $22.06. The firm has a market cap of $166.90 million, a PE ratio of 21.12 and a beta of 0.48.

Global X Dow 30 Covered Call ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, February 26th. Investors of record on Monday, February 23rd were issued a dividend of $0.1085 per share. 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%.

Institutional Trading of Global X Dow 30 Covered Call ETF

Institutional investors have recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC bought a new position in Global X Dow 30 Covered Call ETF in the 3rd quarter worth about $26,000. Simplex Trading LLC increased its stake in Global X Dow 30 Covered Call ETF by 327.3% in the 4th quarter. Simplex Trading LLC now owns 1,440 shares of the company’s stock worth $32,000 after acquiring an additional 1,103 shares during the last quarter. Kestra Advisory Services LLC bought a new position in Global X Dow 30 Covered Call ETF in the 4th quarter worth about $37,000. Flagship Harbor Advisors LLC bought a new position in Global X Dow 30 Covered Call ETF in the 4th quarter worth about $75,000. Finally, Rockefeller Capital Management L.P. bought a new position in Global X Dow 30 Covered Call ETF in the 4th quarter worth about $114,000.

Global X Dow 30 Covered Call ETF Company 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.