Global X Nasdaq 100 Covered Call ETF $QYLD Stake Reduced by Sound Income Strategies LLC

Sound Income Strategies LLC lowered its position in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD – Free Report) by 4.0% in the 3rd quarter, Holdings Channel.com reports. The fund owned 1,004,667 shares of the company’s stock after selling 41,824 shares during the quarter. Sound Income Strategies LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $18,747,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of QYLD. Bank of America Corp DE raised its stake in shares of Global X Nasdaq 100 Covered Call ETF by 0.7% in the first quarter. Bank of America Corp DE now owns 4,887,612 shares of the company’s stock worth $83,823,000 after purchasing an additional 34,751 shares during the last quarter. Foguth Wealth Management LLC. boosted its position in shares of Global X Nasdaq 100 Covered Call ETF by 67.4% during the first quarter. Foguth Wealth Management LLC. now owns 2,083,167 shares of the company’s stock valued at $37,664,000 after buying an additional 838,503 shares during the last quarter. Brookstone Capital Management boosted its position in shares of Global X Nasdaq 100 Covered Call ETF by 3.7% during the first quarter. Brookstone Capital Management now owns 1,386,882 shares of the company’s stock valued at $23,785,000 after buying an additional 49,189 shares during the last quarter. IMC Chicago LLC increased its holdings in Global X Nasdaq 100 Covered Call ETF by 469.0% in the 1st quarter. IMC Chicago LLC now owns 1,295,978 shares of the company’s stock worth $22,226,000 after buying an additional 1,068,210 shares in the last quarter. Finally, Sims Investment Management LLC increased its holdings in Global X Nasdaq 100 Covered Call ETF by 3.3% in the 1st quarter. Sims Investment Management LLC now owns 1,148,308 shares of the company’s stock worth $19,693,000 after buying an additional 37,203 shares in the last quarter.

Global X Nasdaq 100 Covered Call ETF Trading Up 0.2%

NASDAQ:QYLD traded up $0.03 during mid-day trading on Friday, reaching $18.69. The company’s stock had a trading volume of 2,523,563 shares, compared to its average volume of 6,706,177. The stock has a market cap of $8.51 billion, a P/E ratio of 32.28 and a beta of 0.61. The firm’s fifty day moving average price is $18.32 and its two-hundred day moving average price is $18.01. Global X Nasdaq 100 Covered Call ETF has a 12-month low of $16.63 and a 12-month high of $18.70.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, September 24th. Stockholders of record on Monday, September 21st were issued a dividend of $0.1767 per share. The ex-dividend date of this dividend was Monday, September 21st. This is a negative change from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.1829. This represents a $2.12 annualized dividend and a dividend yield of 11.3%.

About Global X Nasdaq 100 Covered Call ETF

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding QYLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD – Free Report).

Institutional Ownership by Quarter for Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

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