Brookstone Capital Management Buys 17,545 Shares of Global X S&P 500 Covered Call ETF $XYLD

Brookstone Capital Management raised its stake in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 2.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 827,203 shares of the company’s stock after purchasing an additional 17,545 shares during the period. Brookstone Capital Management owned 1.07% of Global X S&P 500 Covered Call ETF worth $33,609,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the stock. Jane Street Group LLC bought a new position in shares of Global X S&P 500 Covered Call ETF during the 1st quarter valued at approximately $3,796,000. JPMorgan Chase & Co. lifted its position in Global X S&P 500 Covered Call ETF by 185.0% in the second quarter. JPMorgan Chase & Co. now owns 10,783 shares of the company’s stock worth $420,000 after buying an additional 6,999 shares during the last quarter. VestGen Advisors LLC purchased a new position in Global X S&P 500 Covered Call ETF during the second quarter worth $338,000. Solutions 4 Wealth Ltd boosted its stake in Global X S&P 500 Covered Call ETF by 3.0% during the second quarter. Solutions 4 Wealth Ltd now owns 8,774 shares of the company’s stock worth $342,000 after buying an additional 258 shares during the period. Finally, Baird Financial Group Inc. increased its position in Global X S&P 500 Covered Call ETF by 75.5% during the second quarter. Baird Financial Group Inc. now owns 332,473 shares of the company’s stock valued at $12,946,000 after acquiring an additional 143,052 shares during the last quarter.

Global X S&P 500 Covered Call ETF Stock Performance

Shares of XYLD opened at $38.36 on Tuesday. Global X S&P 500 Covered Call ETF has a twelve month low of $34.53 and a twelve month high of $41.10. The company has a market cap of $2.99 billion, a P/E ratio of 25.32 and a beta of 0.53. The company’s fifty day simple moving average is $40.33 and its 200-day simple moving average is $40.15.

Global X S&P 500 Covered Call ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 26th. Investors of record on Monday, February 23rd were issued a dividend of $0.3412 per share. This represents a c) annualized dividend and a yield of 10.7%. The ex-dividend date was Monday, February 23rd.

Global X S&P 500 Covered Call ETF Company Profile

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.