TrueMark Investments LLC Buys 5,361 Shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

TrueMark Investments LLC boosted its position in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 99.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund 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 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Spire Wealth Management lifted its position in shares of Global X S&P 500 Covered Call ETF by 112.3% during the 4th quarter. Spire Wealth Management now owns 849 shares of the company’s stock valued at $36,000 after buying an additional 449 shares during the last quarter. Copley Financial Group Inc. purchased a new stake in Global X S&P 500 Covered Call ETF during the third quarter valued at about $41,000. Murphy & Mullick Capital Management Corp bought a new position in Global X S&P 500 Covered Call ETF during the fourth quarter worth about $59,000. Smartleaf Asset Management LLC purchased a new position in shares of Global X S&P 500 Covered Call ETF in the fourth quarter worth about $61,000. Finally, Cape Investment Advisory Inc. raised its position in shares of Global X S&P 500 Covered Call ETF by 731.5% in the fourth quarter. Cape Investment Advisory Inc. now owns 1,663 shares of the company’s stock valued at $70,000 after purchasing an additional 1,463 shares during the period.

Global X S&P 500 Covered Call ETF Trading Down 0.0 %

Shares of XYLD stock opened at $39.85 on Wednesday. Global X S&P 500 Covered Call ETF has a 12 month low of $37.93 and a 12 month high of $43.43. The stock has a market capitalization of $3.08 billion, a P/E ratio of 25.09 and a beta of 0.63. The firm’s 50 day moving average is $41.63 and its 200 day moving average is $41.78.

Global X S&P 500 Covered Call ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 24th will be issued a $0.4005 dividend. This is a positive change 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.

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.