Bensler LLC Sells 1,198,236 Shares of Global X Nasdaq 100 Covered Call ETF $QYLD

Bensler LLC trimmed its stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 95.0% in the 3rd quarter, HoldingsChannel reports. The firm owned 62,956 shares of the company’s stock after selling 1,198,236 shares during the period. Bensler LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $1,071,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Bartlett & CO. Wealth Management LLC purchased a new stake in Global X Nasdaq 100 Covered Call ETF in the second quarter worth about $26,000. Rossby Financial LCC bought a new position in shares of Global X Nasdaq 100 Covered Call ETF during the 2nd quarter valued at approximately $33,000. Bayforest Capital Ltd increased its holdings in Global X Nasdaq 100 Covered Call ETF by 192.1% in the 3rd quarter. Bayforest Capital Ltd now owns 2,512 shares of the company’s stock worth $43,000 after acquiring an additional 1,652 shares in the last quarter. MGB Wealth Management LLC increased its holdings in Global X Nasdaq 100 Covered Call ETF by 103.0% in the 2nd quarter. MGB Wealth Management LLC now owns 3,045 shares of the company’s stock worth $51,000 after acquiring an additional 1,545 shares in the last quarter. Finally, Cape Investment Advisory Inc. raised its stake in Global X Nasdaq 100 Covered Call ETF by 41.7% during the 2nd quarter. Cape Investment Advisory Inc. now owns 3,064 shares of the company’s stock worth $51,000 after acquiring an additional 901 shares during the period.

Global X Nasdaq 100 Covered Call ETF Price Performance

QYLD opened at $17.81 on Tuesday. The company has a 50 day simple moving average of $17.63 and a two-hundred day simple moving average of $17.21. The firm has a market cap of $8.33 billion, a P/E 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 firm also recently declared a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th were paid a $0.1786 dividend. This represents a c) dividend on an annualized basis and a yield of 12.0%. The ex-dividend date was Tuesday, January 20th. This is a boost from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.18.

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.