Strategic Financial Concepts LLC Buys 29,268 Shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Strategic Financial Concepts LLC increased its stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 280.9% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 39,687 shares of the company’s stock after buying an additional 29,268 shares during the period. Strategic Financial Concepts LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $711,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Allworth Financial LP boosted its position in shares of Global X Nasdaq 100 Covered Call ETF by 379.9% during the fourth quarter. Allworth Financial LP now owns 1,646 shares of the company’s stock valued at $29,000 after buying an additional 1,303 shares during the last quarter. Hexagon Capital Partners LLC boosted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 963.5% during the 1st quarter. Hexagon Capital Partners LLC now owns 2,127 shares of the company’s stock valued at $38,000 after acquiring an additional 1,927 shares during the last quarter. Hollencrest Capital Management grew its stake in shares of Global X Nasdaq 100 Covered Call ETF by 28.8% in the third quarter. Hollencrest Capital Management now owns 2,890 shares of the company’s stock worth $48,000 after acquiring an additional 646 shares during the period. MCF Advisors LLC purchased a new position in shares of Global X Nasdaq 100 Covered Call ETF during the first quarter valued at approximately $49,000. Finally, Ulland Investment Advisors LLC bought a new position in Global X Nasdaq 100 Covered Call ETF during the fourth quarter valued at approximately $57,000.

Global X Nasdaq 100 Covered Call ETF Trading Down 0.5 %

QYLD stock traded down $0.08 on Tuesday, hitting $17.41. The company had a trading volume of 4,016,952 shares, compared to its average volume of 3,831,078. The stock has a market cap of $7.94 billion, a price-to-earnings ratio of 29.62 and a beta of 0.71. The stock’s 50-day simple moving average is $17.79 and its 200 day simple moving average is $17.46. Global X Nasdaq 100 Covered Call ETF has a 12-month low of $16.25 and a 12-month high of $18.16.

Global X Nasdaq 100 Covered Call ETF Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Tuesday, April 23rd will be issued a $0.1723 dividend. This represents a $2.07 annualized dividend and a dividend yield of 11.88%. The ex-dividend date is Monday, April 22nd.

Global X Nasdaq 100 Covered Call ETF Profile

The Global X NASDAQ 100 Covered Call ETF (QYLD) is an exchange-traded fund that is based on the Cboe NASDAQ-100 BuyWrite V2 index. The fund tracks an index that holds Nasdaq 100 stocks and sells call options on those stocks to collect the premiums. QYLD was launched on Dec 12, 2013 and is managed by Global X.