HUB Investment Partners LLC Has $15.20 Million Position in Global X Russell 2000 Covered Call ETF $RYLD

HUB Investment Partners LLC decreased its stake in Global X Russell 2000 Covered Call ETF (NYSEARCA:RYLD) by 13.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,009,634 shares of the company’s stock after selling 153,957 shares during the period. HUB Investment Partners LLC owned 1.24% of Global X Russell 2000 Covered Call ETF worth $15,195,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. AlphaCore Capital LLC grew its stake in Global X Russell 2000 Covered Call ETF by 91.4% in the second quarter. AlphaCore Capital LLC now owns 2,094 shares of the company’s stock valued at $31,000 after purchasing an additional 1,000 shares in the last quarter. Alaska Permanent Capital Management LLC acquired a new stake in shares of Global X Russell 2000 Covered Call ETF in the 3rd quarter valued at approximately $128,000. Atlantic Private Wealth LLC bought a new position in shares of Global X Russell 2000 Covered Call ETF in the third quarter valued at $142,000. WealthShield Partners LLC acquired a new position in Global X Russell 2000 Covered Call ETF during the second quarter worth $148,000. Finally, Stablepoint Partners LLC bought a new stake in Global X Russell 2000 Covered Call ETF during the second quarter worth $155,000.

Global X Russell 2000 Covered Call ETF Price Performance

Shares of RYLD stock opened at $15.22 on Friday. The company has a fifty day moving average price of $15.62 and a two-hundred day moving average price of $15.37. Global X Russell 2000 Covered Call ETF has a one year low of $13.16 and a one year high of $16.02. The stock has a market cap of $1.29 billion, a P/E ratio of 15.90 and a beta of 0.59.

Global X Russell 2000 Covered Call ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 26th. Shareholders of record on Monday, February 23rd were given a dividend of $0.1584 per share. This represents a c) dividend on an annualized basis and a yield of 12.5%. This is a boost from Global X Russell 2000 Covered Call ETF’s previous monthly dividend of $0.16. The ex-dividend date of this dividend was Monday, February 23rd.

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.