Foguth Wealth Management LLC. decreased its position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD – Free Report) by 39.4% in the third quarter, HoldingsChannel.com reports. The fund owned 233,778 shares of the company’s stock after selling 152,084 shares during the period. Foguth Wealth Management LLC.’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $4,283,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in QYLD. Bank of America Corp DE grew its stake in Global X Nasdaq 100 Covered Call ETF by 0.7% during the 1st quarter. Bank of America Corp DE now owns 4,887,612 shares of the company’s stock valued at $83,823,000 after purchasing an additional 34,751 shares during the last quarter. Brookstone Capital Management increased its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 3.7% in the first quarter. Brookstone Capital Management now owns 1,386,882 shares of the company’s stock valued at $23,785,000 after purchasing an additional 49,189 shares during the period. IMC Chicago LLC raised its stake in shares of Global X Nasdaq 100 Covered Call ETF by 469.0% in the first quarter. IMC Chicago LLC now owns 1,295,978 shares of the company’s stock worth $22,226,000 after purchasing an additional 1,068,210 shares during the last quarter. Sims Investment Management LLC raised its stake in shares of Global X Nasdaq 100 Covered Call ETF by 3.3% in the first quarter. Sims Investment Management LLC now owns 1,148,308 shares of the company’s stock worth $19,693,000 after purchasing an additional 37,203 shares during the last quarter. Finally, Proficio Capital Partners LLC purchased a new position in shares of Global X Nasdaq 100 Covered Call ETF in the second quarter worth about $12,233,000.
Global X Nasdaq 100 Covered Call ETF Stock Down 0.0%
Shares of Global X Nasdaq 100 Covered Call ETF stock traded down $0.01 on Monday, reaching $18.32. 3,836,271 shares of the stock were exchanged, compared to its average volume of 6,635,577. Global X Nasdaq 100 Covered Call ETF has a twelve month low of $16.63 and a twelve month high of $18.76. The firm has a market capitalization of $8.37 billion, a price-to-earnings ratio of 32.28 and a beta of 0.61. The business has a 50 day moving average price of $18.40 and a two-hundred day moving average price of $18.08.
Global X Nasdaq 100 Covered Call ETF Increases Dividend
The firm also recently declared a monthly dividend, which will be paid on Thursday, October 22nd. Shareholders of record on Monday, October 19th will be given a dividend of $0.1826 per share. The ex-dividend date of this dividend is Monday, October 19th. This represents a $2.19 dividend on an annualized basis and a yield of 12.0%. This is a boost from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.1767.
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.
Further Reading
- Five stocks we like better than Global X Nasdaq 100 Covered Call ETF
- Alcoa Beat Earnings, But Can It Escape the Aluminum Bears?
- Insider Buying Is Rising at These 3 Regional Banks, But the Details Matter
- Illinois Tool Works Faces Headwinds—2 Alternatives Stand Out
- Luxury’s Middle Market Is Cracking—These 3 Stocks Could Win
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).
Receive News & Ratings for Global X Nasdaq 100 Covered Call ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X Nasdaq 100 Covered Call ETF and related companies with MarketBeat.com's FREE daily email newsletter.
