Great Waters Wealth Management Takes Position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Great Waters Wealth Management bought a new stake in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 11,233 shares of the company’s stock, valued at approximately $187,000.

A number of other institutional investors have also recently modified their holdings of QYLD. Kestra Investment Management LLC bought a new stake in shares of Global X Nasdaq 100 Covered Call ETF during the 4th quarter valued at $25,000. Parkside Financial Bank & Trust bought a new stake in shares of Global X Nasdaq 100 Covered Call ETF during the 4th quarter valued at $25,000. Optiver Holding B.V. bought a new stake in shares of Global X Nasdaq 100 Covered Call ETF during the 4th quarter valued at $25,000. Transce3nd LLC bought a new stake in shares of Global X Nasdaq 100 Covered Call ETF during the 4th quarter worth $31,000. Finally, Biltmore Family Office LLC lifted its position in shares of 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 worth $37,000 after buying an additional 1,500 shares during the last quarter.

Global X Nasdaq 100 Covered Call ETF Stock Up 0.5%

Shares of QYLD stock opened at $16.57 on Monday. Global X Nasdaq 100 Covered Call ETF has a twelve month low of $14.48 and a twelve month high of $18.89. The company has a market cap of $8.34 billion, a P/E ratio of 30.00 and a beta of 0.71. The business has a fifty day simple moving average of $16.21 and a 200 day simple moving average of $17.43.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, May 27th. Investors of record on Monday, May 19th were given a dividend of $0.165 per share. The ex-dividend date of this dividend was Monday, May 19th. This represents a $1.98 annualized dividend and a dividend yield of 11.95%.

Global X Nasdaq 100 Covered Call ETF Company 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.