PMG Family Office LLC Makes New $860,000 Investment in Global X Russell 2000 Covered Call ETF $RYLD

PMG Family Office LLC purchased a new stake in Global X Russell 2000 Covered Call ETF (NYSEARCA:RYLD) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 57,164 shares of the company’s stock, valued at approximately $860,000. PMG Family Office LLC owned about 0.07% of Global X Russell 2000 Covered Call ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Perennial Investment Advisors LLC raised its position in shares of Global X Russell 2000 Covered Call ETF by 3.4% during the third quarter. Perennial Investment Advisors LLC now owns 20,714 shares of the company’s stock worth $312,000 after acquiring an additional 675 shares during the last quarter. WealthShield Partners LLC boosted its holdings in Global X Russell 2000 Covered Call ETF by 8.0% in the third quarter. WealthShield Partners LLC now owns 10,695 shares of the company’s stock valued at $161,000 after acquiring an additional 794 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in Global X Russell 2000 Covered Call ETF by 8.4% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 12,284 shares of the company’s stock valued at $185,000 after purchasing an additional 956 shares during the period. AlphaCore Capital LLC increased its position in 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 valued at $31,000 after purchasing an additional 1,000 shares during the period. Finally, Qube Research & Technologies Ltd raised its holdings in Global X Russell 2000 Covered Call ETF by 67.5% during the 3rd quarter. Qube Research & Technologies Ltd now owns 2,643 shares of the company’s stock worth $40,000 after purchasing an additional 1,065 shares during the last quarter.

Global X Russell 2000 Covered Call ETF Stock Performance

Shares of NYSEARCA RYLD opened at $15.00 on Thursday. The company has a market capitalization of $1.27 billion, a P/E ratio of 15.90 and a beta of 0.59. Global X Russell 2000 Covered Call ETF has a 52-week low of $13.16 and a 52-week high of $16.02. The company’s 50 day moving average price is $15.57 and its 200-day moving average price is $15.39.

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 paid a dividend of $0.1584 per share. This is a boost from Global X Russell 2000 Covered Call ETF’s previous monthly dividend of $0.16. This represents a c) dividend on an annualized basis and a yield of 12.7%. The ex-dividend date of this dividend was Monday, February 23rd.

Global X Russell 2000 Covered Call ETF Profile

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.