Ausdal Financial Partners Inc. Has $634,000 Stock Position in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)

Ausdal Financial Partners Inc. grew its position in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) by 5.2% during the 4th quarter, HoldingsChannel.com reports. The firm owned 15,121 shares of the company’s stock after acquiring an additional 752 shares during the quarter. Ausdal Financial Partners Inc.’s holdings in Global X S&P 500 Covered Call ETF were worth $634,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Proficio Capital Partners LLC lifted its stake in shares of Global X S&P 500 Covered Call ETF by 6,556.4% in the 4th quarter. Proficio Capital Partners LLC now owns 11,226,955 shares of the company’s stock valued at $470,409,000 after purchasing an additional 11,058,290 shares during the last quarter. LPL Financial LLC raised its holdings in Global X S&P 500 Covered Call ETF by 11.2% during the fourth quarter. LPL Financial LLC now owns 3,573,475 shares of the company’s stock valued at $149,729,000 after buying an additional 359,850 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Global X S&P 500 Covered Call ETF in the fourth quarter worth about $64,354,000. HUB Investment Partners LLC boosted its stake in shares of Global X S&P 500 Covered Call ETF by 29.7% during the 4th quarter. HUB Investment Partners LLC now owns 457,194 shares of the company’s stock worth $19,156,000 after acquiring an additional 104,820 shares in the last quarter. Finally, Principal Securities Inc. increased its holdings in shares of Global X S&P 500 Covered Call ETF by 1.1% during the 4th quarter. Principal Securities Inc. now owns 413,191 shares of the company’s stock valued at $17,313,000 after acquiring an additional 4,690 shares during the last quarter.

Global X S&P 500 Covered Call ETF Stock Performance

Shares of XYLD stock opened at $39.67 on Friday. The company has a market capitalization of $3.07 billion, a price-to-earnings ratio of 25.09 and a beta of 0.63. The stock’s 50 day simple moving average is $41.52 and its 200 day simple moving average is $41.76. Global X S&P 500 Covered Call ETF has a twelve month low of $37.93 and a twelve month high of $43.43.

Global X S&P 500 Covered Call ETF Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 24th will be given 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.