RFG Advisory LLC Acquires 39,383 Shares of Global X Russell 2000 Covered Call ETF $RYLD

RFG Advisory LLC grew its holdings in shares of Global X Russell 2000 Covered Call ETF (NYSEARCA:RYLD) by 40.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 136,664 shares of the company’s stock after acquiring an additional 39,383 shares during the period. RFG Advisory LLC’s holdings in Global X Russell 2000 Covered Call ETF were worth $2,057,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. AlphaCore Capital LLC increased its holdings 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 during the period. Alaska Permanent Capital Management LLC acquired a new position in shares of Global X Russell 2000 Covered Call ETF in the 3rd quarter worth approximately $128,000. Atlantic Private Wealth LLC bought a new stake in shares of Global X Russell 2000 Covered Call ETF in the 3rd quarter valued at $142,000. WealthShield Partners LLC bought a new stake in shares of Global X Russell 2000 Covered Call ETF in the 2nd quarter valued at $148,000. Finally, Stablepoint Partners LLC acquired a new stake in shares of 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 Global X Russell 2000 Covered Call ETF stock opened at $15.75 on Wednesday. The stock’s 50-day moving average is $15.52 and its 200 day moving average is $15.28. Global X Russell 2000 Covered Call ETF has a one year low of $13.16 and a one year high of $16.87. The firm has a market cap of $1.33 billion, a price-to-earnings 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 Friday, January 23rd. Shareholders of record on Tuesday, January 20th were issued a dividend of $0.1573 per share. This represents a c) dividend on an annualized basis and a dividend yield of 12.0%. The ex-dividend date was Tuesday, January 20th. This is a positive change from Global X Russell 2000 Covered Call ETF’s previous monthly dividend of $0.16.

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.