5,155 Shares in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) Bought by Opal Wealth Advisors LLC

Opal Wealth Advisors LLC bought a new position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 5,155 shares of the company’s stock, valued at approximately $86,000.

Several other hedge funds also recently made changes to their positions in QYLD. Raymond James Financial Inc. purchased a new position in shares of Global X Nasdaq 100 Covered Call ETF in the fourth quarter worth $72,550,000. LPL Financial LLC increased its position in Global X Nasdaq 100 Covered Call ETF by 13.7% during the 4th quarter. LPL Financial LLC now owns 12,248,780 shares of the company’s stock valued at $223,173,000 after purchasing an additional 1,474,869 shares during the period. Sims Investment Management LLC purchased a new position in Global X Nasdaq 100 Covered Call ETF during the 4th quarter valued at $13,764,000. SBI Securities Co. Ltd. purchased a new position in Global X Nasdaq 100 Covered Call ETF during the 4th quarter valued at $10,444,000. Finally, Bank of America Corp DE increased its position in Global X Nasdaq 100 Covered Call ETF by 6.7% during the 4th quarter. Bank of America Corp DE now owns 5,450,276 shares of the company’s stock valued at $99,304,000 after purchasing an additional 344,125 shares during the period.

Global X Nasdaq 100 Covered Call ETF Trading Down 0.2%

Shares of Global X Nasdaq 100 Covered Call ETF stock opened at $16.59 on Monday. The company’s fifty day simple moving average is $16.30 and its two-hundred day simple moving average is $17.37. The company has a market cap of $8.35 billion, a P/E ratio of 30.00 and a beta of 0.71. Global X Nasdaq 100 Covered Call ETF has a 12-month low of $14.48 and a 12-month high of $18.89.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, May 27th. Shareholders of record on Monday, May 19th were given a dividend of $0.165 per share. This represents a $1.98 dividend on an annualized basis and a yield of 11.93%. The ex-dividend date was Monday, May 19th.

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.