76,915 Shares in Global X Nasdaq 100 Covered Call ETF $QYLD Purchased by Arax Advisory Partners

Arax Advisory Partners purchased a new position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) during the fourth quarter, Holdings Channel reports. The fund purchased 76,915 shares of the company’s stock, valued at approximately $1,359,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. CreativeOne Wealth LLC boosted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 30.5% in the 4th quarter. CreativeOne Wealth LLC now owns 235,444 shares of the company’s stock worth $4,160,000 after buying an additional 55,074 shares during the last quarter. Kestra Advisory Services LLC lifted its holdings in Global X Nasdaq 100 Covered Call ETF by 2.8% during the fourth quarter. Kestra Advisory Services LLC now owns 527,877 shares of the company’s stock valued at $9,328,000 after purchasing an additional 14,366 shares during the last quarter. Visionary Wealth Advisors lifted its holdings in Global X Nasdaq 100 Covered Call ETF by 4.1% during the fourth quarter. Visionary Wealth Advisors now owns 24,579 shares of the company’s stock valued at $434,000 after purchasing an additional 966 shares during the last quarter. Advyzon Investment Management LLC lifted its holdings in Global X Nasdaq 100 Covered Call ETF by 26.1% during the fourth quarter. Advyzon Investment Management LLC now owns 20,261 shares of the company’s stock valued at $358,000 after purchasing an additional 4,196 shares during the last quarter. Finally, Arkadios Wealth Advisors purchased a new stake in Global X Nasdaq 100 Covered Call ETF during the fourth quarter valued at about $1,165,000.

Global X Nasdaq 100 Covered Call ETF Stock Up 0.7%

NASDAQ QYLD opened at $18.21 on Tuesday. The company has a market cap of $8.43 billion, a PE ratio of 32.28 and a beta of 0.62. Global X Nasdaq 100 Covered Call ETF has a 52 week low of $16.35 and a 52 week high of $18.23. The firm’s 50-day simple moving average is $17.87 and its two-hundred day simple moving average is $17.69.

Global X Nasdaq 100 Covered Call ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, May 21st. Shareholders of record on Monday, May 18th were issued a dividend of $0.1785 per share. The ex-dividend date of this dividend was Monday, May 18th. This represents a c) annualized dividend and a yield of 11.8%.

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.