37,815 Shares in Global X Nasdaq 100 Covered Call ETF $QYLD Purchased by Compass Financial Management LLC

Compass Financial Management LLC bought a new stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 37,815 shares of the company’s stock, valued at approximately $684,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. IMC Chicago LLC grew its holdings in shares of 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 acquiring an additional 1,068,210 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in Global X Nasdaq 100 Covered Call ETF by 485.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,141,127 shares of the company’s stock worth $20,164,000 after purchasing an additional 946,115 shares during the last quarter. Foguth Wealth Management LLC. raised its holdings in 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 worth $37,664,000 after purchasing an additional 838,503 shares during the last quarter. Ameriprise Financial Inc. boosted its position in Global X Nasdaq 100 Covered Call ETF by 22.1% during the second quarter. Ameriprise Financial Inc. now owns 3,161,576 shares of the company’s stock worth $52,883,000 after purchasing an additional 571,203 shares in the last quarter. Finally, Baker Avenue Asset Management LP boosted its position in Global X Nasdaq 100 Covered Call ETF by 741.4% during the fourth quarter. Baker Avenue Asset Management LP now owns 432,687 shares of the company’s stock worth $7,646,000 after purchasing an additional 381,260 shares in the last quarter.

Global X Nasdaq 100 Covered Call ETF Price Performance

Shares of QYLD stock opened at $18.32 on Monday. Global X Nasdaq 100 Covered Call ETF has a fifty-two week low of $16.42 and a fifty-two week high of $18.54. The stock has a market cap of $8.34 billion, a P/E ratio of 32.28 and a beta of 0.62. The business has a fifty day simple moving average of $18.06 and a 200-day simple moving average of $17.82.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, July 23rd. Investors of record on Monday, July 20th were paid a $0.1775 dividend. This represents a c) dividend on an annualized basis and a yield of 11.6%. The ex-dividend date of this dividend was Monday, July 20th.

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.