Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) Position Cut by Redwood Financial Network Corp

Redwood Financial Network Corp decreased its stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 5.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 164,520 shares of the company’s stock after selling 9,155 shares during the period. Global X Nasdaq 100 Covered Call ETF comprises about 2.2% of Redwood Financial Network Corp’s holdings, making the stock its 8th biggest position. Redwood Financial Network Corp’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $2,998,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Parkside Financial Bank & Trust bought a new stake in Global X Nasdaq 100 Covered Call ETF in the fourth quarter worth about $25,000. Kestra Investment Management LLC bought a new position in shares of Global X Nasdaq 100 Covered Call ETF during the fourth quarter valued at approximately $25,000. Optiver Holding B.V. purchased a new stake in shares of Global X Nasdaq 100 Covered Call ETF in the fourth quarter worth approximately $25,000. Transce3nd LLC bought a new stake in shares of Global X Nasdaq 100 Covered Call ETF during the 4th quarter worth approximately $31,000. Finally, Biltmore Family Office LLC boosted its holdings in Global X Nasdaq 100 Covered Call ETF by 300.0% during the 4th quarter. Biltmore Family Office LLC now owns 2,000 shares of the company’s stock valued at $37,000 after acquiring an additional 1,500 shares during the period.

Global X Nasdaq 100 Covered Call ETF Stock Down 0.1%

Shares of Global X Nasdaq 100 Covered Call ETF stock opened at $16.41 on Thursday. Global X Nasdaq 100 Covered Call ETF has a 52 week low of $14.48 and a 52 week high of $18.89. The company has a market capitalization of $8.31 billion, a PE ratio of 29.99 and a beta of 0.65. The stock’s fifty day moving average is $16.37 and its two-hundred day moving average is $17.66.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, April 28th. Stockholders of record on Monday, April 21st were issued a $0.1598 dividend. The ex-dividend date was Monday, April 21st.

About Global X Nasdaq 100 Covered Call ETF

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.