CreativeOne Wealth LLC Grows Holdings in Global X Russell 2000 Covered Call ETF $RYLD

CreativeOne Wealth LLC raised its stake in Global X Russell 2000 Covered Call ETF (NYSEARCA:RYLD) by 55.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 106,069 shares of the company’s stock after buying an additional 37,867 shares during the period. CreativeOne Wealth LLC owned about 0.13% of Global X Russell 2000 Covered Call ETF worth $1,596,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in RYLD. AlphaCore Capital LLC lifted its holdings in shares of Global X Russell 2000 Covered Call ETF by 91.4% during the 2nd quarter. AlphaCore Capital LLC now owns 2,094 shares of the company’s stock worth $31,000 after acquiring an additional 1,000 shares during the last quarter. Alaska Permanent Capital Management LLC bought a new position in Global X Russell 2000 Covered Call ETF in the third quarter valued at $128,000. Atlantic Private Wealth LLC purchased a new stake in Global X Russell 2000 Covered Call ETF during the third quarter valued at about $142,000. WealthShield Partners LLC purchased a new stake in Global X Russell 2000 Covered Call ETF during the second quarter valued at about $148,000. Finally, Stablepoint Partners LLC bought a new stake in Global X Russell 2000 Covered Call ETF during the second quarter worth about $155,000.

Global X Russell 2000 Covered Call ETF Trading Up 0.1%

RYLD opened at $15.37 on Wednesday. The stock has a 50-day moving average price of $15.62 and a 200-day moving average price of $15.39. Global X Russell 2000 Covered Call ETF has a 12-month low of $13.16 and a 12-month high of $16.02. The stock has a market capitalization of $1.30 billion, a P/E 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 Thursday, February 26th. Investors of record on Monday, February 23rd were given a $0.1584 dividend. This represents a c) dividend on an annualized basis and a yield of 12.4%. The ex-dividend date was Monday, February 23rd. This is a positive change from Global X Russell 2000 Covered Call ETF’s previous monthly dividend of $0.16.

About Global X Russell 2000 Covered Call ETF

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.