Kaizen Financial Strategies Sells 15,601 Shares of Global X Nasdaq 100 Covered Call ETF $QYLD

Kaizen Financial Strategies decreased its holdings in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 17.4% during the 2nd quarter, Holdings Channel reports. The firm owned 74,113 shares of the company’s stock after selling 15,601 shares during the quarter. Kaizen Financial Strategies’ holdings in Global X Nasdaq 100 Covered Call ETF were worth $1,239,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. grew its position in shares of Global X Nasdaq 100 Covered Call ETF by 1.2% during the 1st quarter. Envestnet Asset Management Inc. now owns 1,043,490 shares of the company’s stock worth $17,353,000 after buying an additional 12,473 shares during the period. Allworth Financial LP boosted its stake in Global X Nasdaq 100 Covered Call ETF by 53.3% during the first quarter. Allworth Financial LP now owns 15,724 shares of the company’s stock worth $254,000 after acquiring an additional 5,470 shares in the last quarter. Signaturefd LLC grew its holdings in Global X Nasdaq 100 Covered Call ETF by 98.7% in the first quarter. Signaturefd LLC now owns 12,028 shares of the company’s stock worth $200,000 after purchasing an additional 5,976 shares during the period. Sigma Planning Corp increased its stake in Global X Nasdaq 100 Covered Call ETF by 0.9% in the first quarter. Sigma Planning Corp now owns 144,025 shares of the company’s stock valued at $2,395,000 after purchasing an additional 1,326 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. bought a new stake in Global X Nasdaq 100 Covered Call ETF in the first quarter valued at $50,000.

Global X Nasdaq 100 Covered Call ETF Price Performance

QYLD stock opened at $17.50 on Thursday. The company’s 50-day moving average is $17.14 and its 200-day moving average is $16.79. The stock has a market capitalization of $8.15 billion, a PE ratio of 32.28 and a beta of 0.65. Global X Nasdaq 100 Covered Call ETF has a 1 year low of $14.48 and a 1 year high of $18.89.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, October 27th. Stockholders of record on Monday, October 20th were issued a dividend of $0.1731 per share. This is a positive change from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.17. This represents a c) annualized dividend and a dividend yield of 11.9%. The ex-dividend date was Monday, October 20th.

About Global X Nasdaq 100 Covered Call ETF

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.