Bangor Savings Bank Makes New Investment in Global X S&P 500 Covered Call ETF $XYLD

Bangor Savings Bank bought a new position in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 35,511 shares of the company’s stock, valued at approximately $1,474,000.

Other hedge funds have also modified their holdings of the company. Bank of America Corp DE lifted its stake in shares of Global X S&P 500 Covered Call ETF by 2.0% in the first quarter. Bank of America Corp DE now owns 2,149,051 shares of the company’s stock worth $84,092,000 after buying an additional 41,116 shares in the last quarter. Brookstone Capital Management grew its stake in Global X S&P 500 Covered Call ETF by 5.9% during the 1st quarter. Brookstone Capital Management now owns 876,139 shares of the company’s stock valued at $34,283,000 after acquiring an additional 48,936 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in Global X S&P 500 Covered Call ETF by 8.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 646,091 shares of the company’s stock valued at $26,354,000 after acquiring an additional 53,056 shares in the last quarter. Cetera Investment Advisers raised its holdings in Global X S&P 500 Covered Call ETF by 1.6% in the 1st quarter. Cetera Investment Advisers now owns 476,548 shares of the company’s stock valued at $18,647,000 after acquiring an additional 7,367 shares during the last quarter. Finally, Principal Securities Inc. raised its holdings in Global X S&P 500 Covered Call ETF by 1.1% in the 4th quarter. Principal Securities Inc. now owns 432,679 shares of the company’s stock valued at $17,580,000 after acquiring an additional 4,636 shares during the last quarter.

Global X S&P 500 Covered Call ETF Stock Performance

Shares of XYLD stock traded up $0.05 during trading hours on Tuesday, reaching $41.90. The company had a trading volume of 321,071 shares, compared to its average volume of 831,345. Global X S&P 500 Covered Call ETF has a 12-month low of $38.22 and a 12-month high of $41.91. The company has a market capitalization of $3.42 billion, a price-to-earnings ratio of 25.32 and a beta of 0.49. The stock has a fifty day moving average of $41.50 and a 200-day moving average of $40.73.

About Global X S&P 500 Covered Call ETF

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.