Atlas Private Wealth Advisors Lowers Stock Holdings in Global X Russell 2000 Covered Call ETF $RYLD

Atlas Private Wealth Advisors reduced its position in Global X Russell 2000 Covered Call ETF (NYSEARCA:RYLD) by 76.7% in the third quarter, Holdings Channel.com reports. The firm owned 54,351 shares of the company’s stock after selling 178,550 shares during the quarter. Atlas Private Wealth Advisors’ holdings in Global X Russell 2000 Covered Call ETF were worth $818,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of RYLD. Foresight Capital Management Advisors Inc. purchased a new position in shares of Global X Russell 2000 Covered Call ETF during the 2nd quarter valued at about $1,973,000. Stratos Wealth Partners LTD. grew its position in Global X Russell 2000 Covered Call ETF by 1,007.7% during the second quarter. Stratos Wealth Partners LTD. now owns 135,570 shares of the company’s stock valued at $2,021,000 after acquiring an additional 123,331 shares during the last quarter. AlphaStar Capital Management LLC grew its position in Global X Russell 2000 Covered Call ETF by 28.0% during the second quarter. AlphaStar Capital Management LLC now owns 554,027 shares of the company’s stock valued at $8,261,000 after acquiring an additional 121,070 shares during the last quarter. Avantax Advisory Services Inc. raised its stake in shares of Global X Russell 2000 Covered Call ETF by 392.7% during the second quarter. Avantax Advisory Services Inc. now owns 146,111 shares of the company’s stock worth $2,179,000 after acquiring an additional 116,453 shares in the last quarter. Finally, Corient Private Wealth LLC bought a new stake in shares of Global X Russell 2000 Covered Call ETF in the 2nd quarter worth approximately $1,687,000.

Global X Russell 2000 Covered Call ETF Stock Performance

Shares of Global X Russell 2000 Covered Call ETF stock opened at $15.44 on Friday. Global X Russell 2000 Covered Call ETF has a 52-week low of $13.16 and a 52-week high of $16.87. The company has a fifty day moving average of $15.48 and a 200-day moving average of $15.24. The stock has a market capitalization of $1.30 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 business also recently announced a monthly dividend, which was paid on Friday, January 23rd. Investors of record on Tuesday, January 20th were issued a dividend of $0.1573 per share. The ex-dividend date was Tuesday, January 20th. This represents a c) annualized dividend and a yield of 12.2%. This is a boost 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.