HUB Investment Partners LLC Lowers Stock Holdings in Global X S&P 500 Covered Call ETF $XYLD

HUB Investment Partners LLC lowered its position in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 15.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 447,518 shares of the company’s stock after selling 81,936 shares during the period. HUB Investment Partners LLC owned about 0.58% of Global X S&P 500 Covered Call ETF worth $17,570,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Solutions 4 Wealth Ltd raised its holdings in shares of Global X S&P 500 Covered Call ETF by 3.0% during the 2nd quarter. Solutions 4 Wealth Ltd now owns 8,774 shares of the company’s stock valued at $342,000 after buying an additional 258 shares in the last quarter. MeadowBrook Investment Advisors LLC boosted its stake in Global X S&P 500 Covered Call ETF by 7.6% in the third quarter. MeadowBrook Investment Advisors LLC now owns 3,836 shares of the company’s stock worth $151,000 after buying an additional 270 shares in the last quarter. First Heartland Consultants Inc. boosted its stake in Global X S&P 500 Covered Call ETF by 4.7% in the third quarter. First Heartland Consultants Inc. now owns 8,998 shares of the company’s stock worth $353,000 after buying an additional 407 shares in the last quarter. Blue Chip Partners LLC grew its position in Global X S&P 500 Covered Call ETF by 1.4% during the second quarter. Blue Chip Partners LLC now owns 29,209 shares of the company’s stock valued at $1,137,000 after acquiring an additional 409 shares during the last quarter. Finally, Ameritas Advisory Services LLC raised its stake in shares of Global X S&P 500 Covered Call ETF by 0.9% during the third quarter. Ameritas Advisory Services LLC now owns 58,266 shares of the company’s stock worth $2,288,000 after acquiring an additional 493 shares in the last quarter.

Global X S&P 500 Covered Call ETF Stock Performance

XYLD stock opened at $40.18 on Friday. The company has a market capitalization of $3.13 billion, a PE ratio of 25.32 and a beta of 0.53. Global X S&P 500 Covered Call ETF has a one year low of $34.53 and a one year high of $41.10. The company’s 50 day moving average price is $40.74 and its two-hundred day moving average price is $40.06.

Global X S&P 500 Covered Call ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 26th. Investors of record on Monday, February 23rd were given a $0.3412 dividend. This represents a c) dividend on an annualized basis and a yield of 10.2%. The ex-dividend date was Monday, February 23rd.

Global X S&P 500 Covered Call ETF 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.