TrueMark Investments LLC Boosts Holdings in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

TrueMark Investments LLC grew its position in shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 99.9% in the fourth quarter, Holdings Channel reports. The firm owned 10,729 shares of the company’s stock after purchasing an additional 5,361 shares during the period. TrueMark Investments LLC’s holdings in Global X S&P 500 Covered Call ETF were worth $450,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in XYLD. Thrivent Financial for Lutherans purchased a new position in Global X S&P 500 Covered Call ETF during the third quarter worth about $578,000. Great Valley Advisor Group Inc. purchased a new position in shares of Global X S&P 500 Covered Call ETF during the third quarter worth about $208,000. CreativeOne Wealth LLC grew its holdings in shares of Global X S&P 500 Covered Call ETF by 12.2% during the third quarter. CreativeOne Wealth LLC now owns 85,116 shares of the company’s stock worth $3,532,000 after purchasing an additional 9,266 shares in the last quarter. Pin Oak Investment Advisors Inc. increased its position in shares of Global X S&P 500 Covered Call ETF by 44,536.4% in the third quarter. Pin Oak Investment Advisors Inc. now owns 24,550 shares of the company’s stock worth $1,018,000 after purchasing an additional 24,495 shares during the last quarter. Finally, Rockefeller Capital Management L.P. raised its stake in Global X S&P 500 Covered Call ETF by 0.8% in the third quarter. Rockefeller Capital Management L.P. now owns 51,987 shares of the company’s stock valued at $2,157,000 after purchasing an additional 389 shares in the last quarter.

Global X S&P 500 Covered Call ETF Price Performance

Shares of Global X S&P 500 Covered Call ETF stock opened at $39.85 on Wednesday. The company has a 50 day simple moving average of $41.63 and a two-hundred day simple moving average of $41.78. The firm has a market cap of $3.08 billion, a PE ratio of 25.09 and a beta of 0.63. Global X S&P 500 Covered Call ETF has a 1 year low of $37.93 and a 1 year high of $43.43.

Global X S&P 500 Covered Call ETF Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 24th will be issued a dividend of $0.4005 per share. This is an increase from Global X S&P 500 Covered Call ETF’s previous dividend of $0.28. The ex-dividend date of this dividend is Monday, March 24th.

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.