Diversify Wealth Management LLC Takes $3.09 Million Position in Global X Nasdaq 100 Covered Call ETF $QYLD

Diversify Wealth Management LLC bought a new stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 172,430 shares of the company’s stock, valued at approximately $3,087,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Caerus Investment Advisors LLC raised its stake in Global X Nasdaq 100 Covered Call ETF by 7.5% in the third quarter. Caerus Investment Advisors LLC now owns 657,895 shares of the company’s stock valued at $11,191,000 after buying an additional 46,044 shares in the last quarter. Brookwood Investment Group LLC lifted its holdings in Global X Nasdaq 100 Covered Call ETF by 42.3% during the 4th quarter. Brookwood Investment Group LLC now owns 102,650 shares of the company’s stock worth $1,814,000 after buying an additional 30,516 shares during the last quarter. HF Advisory Group LLC boosted its position in shares of Global X Nasdaq 100 Covered Call ETF by 62.1% during the 4th quarter. HF Advisory Group LLC now owns 101,881 shares of the company’s stock worth $1,800,000 after acquiring an additional 39,049 shares in the last quarter. TrueMark Investments LLC acquired a new position in shares of Global X Nasdaq 100 Covered Call ETF during the 4th quarter worth about $1,043,000. Finally, Benchmark Financial LLC purchased a new position in shares of Global X Nasdaq 100 Covered Call ETF in the 4th quarter valued at about $884,000.

Global X Nasdaq 100 Covered Call ETF Stock Performance

Shares of NASDAQ QYLD opened at $18.15 on Tuesday. 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 capitalization of $8.23 billion, a PE ratio of 32.28 and a beta of 0.61. The stock’s 50-day simple moving average is $18.08 and its 200-day simple moving average is $17.78.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 22nd were paid a $0.1854 dividend. This is an increase from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.18. This represents a c) annualized dividend and a yield of 12.3%. The ex-dividend date was Monday, June 22nd.

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.