Global X Nasdaq 100 Covered Call ETF $QYLD Position Boosted by NewEdge Advisors LLC

NewEdge Advisors LLC increased its position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 9.4% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 365,487 shares of the company’s stock after purchasing an additional 31,405 shares during the period. NewEdge Advisors LLC owned 0.08% of Global X Nasdaq 100 Covered Call ETF worth $6,268,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of QYLD. IMC Chicago LLC lifted its stake in Global X Nasdaq 100 Covered Call ETF by 469.0% during 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. Northwestern Mutual Wealth Management Co. raised its holdings in shares of 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 period. Foguth Wealth Management LLC. lifted its position in shares of Global X Nasdaq 100 Covered Call ETF by 67.4% in the 1st quarter. Foguth Wealth Management LLC. now owns 2,083,167 shares of the company’s stock worth $37,664,000 after buying an additional 838,503 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 22.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,161,576 shares of the company’s stock valued at $52,883,000 after buying an additional 571,203 shares during the period. Finally, Baker Avenue Asset Management LP grew its position in shares of Global X Nasdaq 100 Covered Call ETF by 741.4% during the 4th quarter. Baker Avenue Asset Management LP now owns 432,687 shares of the company’s stock valued at $7,646,000 after buying an additional 381,260 shares during the last quarter.

Global X Nasdaq 100 Covered Call ETF Stock Up 0.1%

QYLD opened at $18.15 on Tuesday. The company’s 50-day moving average price is $18.02 and its 200 day moving average price is $17.79. Global X Nasdaq 100 Covered Call ETF has a fifty-two week low of $16.35 and a fifty-two week high of $18.54. The firm has a market cap of $8.27 billion, a price-to-earnings ratio of 32.28 and a beta of 0.62.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, July 23rd. Investors of record on Monday, July 20th were paid a dividend of $0.1775 per share. This represents a c) dividend on an annualized basis and a yield of 11.7%. The ex-dividend date 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.