Ascentis Independent Advisors Takes $518,000 Position in Global X Nasdaq 100 Covered Call ETF $QYLD

Ascentis Independent Advisors purchased a new position in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 30,220 shares of the company’s stock, valued at approximately $518,000.

Other institutional investors also recently modified their holdings of the company. Russell Investments Group Ltd. lifted its holdings in Global X Nasdaq 100 Covered Call ETF by 286.3% during the 4th quarter. Russell Investments Group Ltd. now owns 1,491 shares of the company’s stock worth $26,000 after buying an additional 1,105 shares during the period. KERR FINANCIAL PLANNING Corp acquired a new position in shares of Global X Nasdaq 100 Covered Call ETF in the 3rd quarter worth approximately $30,000. SHP Wealth Management bought a new stake in shares of Global X Nasdaq 100 Covered Call ETF in the 4th quarter valued at $31,000. Friedenthal Financial bought a new stake in shares of Global X Nasdaq 100 Covered Call ETF in the 4th quarter valued at $32,000. Finally, Thurston Springer Miller Herd & Titak Inc. increased its position in shares of Global X Nasdaq 100 Covered Call ETF by 462.4% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,154 shares of the company’s stock worth $38,000 after buying an additional 1,771 shares during the period.

Global X Nasdaq 100 Covered Call ETF Stock Up 0.3%

QYLD stock opened at $18.13 on Thursday. The company’s fifty day simple moving average is $18.05 and its 200 day simple moving average is $17.77. Global X Nasdaq 100 Covered Call ETF has a 12-month low of $16.35 and a 12-month high of $18.54. The firm has a market cap of $8.21 billion, a price-to-earnings ratio of 32.28 and a beta of 0.61.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 22nd were given a $0.1854 dividend. This represents a c) dividend on an annualized basis and a yield of 12.3%. The ex-dividend date of this dividend was Monday, June 22nd. This is a positive change 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.