Milestone Asset Management LLC Has $431,000 Position in Global X Nasdaq 100 Covered Call ETF $QYLD

Milestone Asset Management LLC lowered its position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 12.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 25,756 shares of the company’s stock after selling 3,564 shares during the quarter. Milestone Asset Management LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $431,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Dagco Inc. acquired a new stake in shares of Global X Nasdaq 100 Covered Call ETF during the 1st quarter worth about $25,000. Bartlett & CO. Wealth Management LLC acquired a new stake in shares of Global X Nasdaq 100 Covered Call ETF during the 2nd quarter worth about $26,000. Rossby Financial LCC acquired a new stake in shares of Global X Nasdaq 100 Covered Call ETF during the 2nd quarter worth about $33,000. Salem Investment Counselors Inc. lifted its stake in shares of 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. Finally, Oliver Lagore Vanvalin Investment Group acquired a new stake in shares of Global X Nasdaq 100 Covered Call ETF during the 2nd quarter worth about $49,000.

Global X Nasdaq 100 Covered Call ETF Stock Performance

NASDAQ QYLD opened at $17.40 on Wednesday. The firm has a 50-day moving average of $17.05 and a 200-day moving average of $16.73. The stock has a market cap of $8.12 billion, a PE ratio of 32.28 and a beta of 0.65. Global X Nasdaq 100 Covered Call ETF has a 52-week low of $14.48 and a 52-week high of $18.89.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

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

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.