Axis Wealth Partners LLC Takes Position in Global X Nasdaq 100 Covered Call ETF $QYLD

Axis Wealth Partners LLC acquired a new position in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 12,038 shares of the company’s stock, valued at approximately $201,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of QYLD. Dagco Inc. bought a new position in shares of Global X Nasdaq 100 Covered Call ETF during the first quarter valued at approximately $25,000. Salem Investment Counselors Inc. grew its stake in Global X Nasdaq 100 Covered Call ETF by 92.9% during the 2nd quarter. Salem Investment Counselors Inc. now owns 2,700 shares of the company’s stock worth $45,000 after buying an additional 1,300 shares during the last quarter. Oliver Lagore Vanvalin Investment Group acquired a new stake in Global X Nasdaq 100 Covered Call ETF in the second quarter worth $49,000. Whittier Trust Co. of Nevada Inc. bought a new position in shares of Global X Nasdaq 100 Covered Call ETF during the first quarter worth about $50,000. Finally, Armstrong Advisory Group Inc. increased its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 20.1% in the 2nd quarter. Armstrong Advisory Group Inc. now owns 4,063 shares of the company’s stock worth $68,000 after acquiring an additional 681 shares during the period.

Global X Nasdaq 100 Covered Call ETF Stock Down 0.1%

Shares of NASDAQ:QYLD opened at $16.88 on Thursday. The company’s 50-day moving average price is $16.79 and its 200 day moving average price is $16.57. The company has a market cap of $8.39 billion, a PE ratio of 32.28 and a beta of 0.71. Global X Nasdaq 100 Covered Call ETF has a fifty-two week low of $14.48 and a fifty-two week high of $18.89.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, September 29th. Investors of record on Monday, September 22nd will be issued a $0.1704 dividend. This is a positive change from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.17. The ex-dividend date of this dividend is Monday, September 22nd. This represents a c) dividend on an annualized basis and a yield of 12.1%.

Global X Nasdaq 100 Covered Call ETF Company 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.