Global X Nasdaq 100 Covered Call ETF $QYLD Shares Sold by Beam Wealth Advisors Inc.

Beam Wealth Advisors Inc. reduced its stake in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 38.1% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 48,505 shares of the company’s stock after selling 29,867 shares during the quarter. Beam Wealth Advisors Inc.’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $832,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Ascentis Independent Advisors acquired a new position in Global X Nasdaq 100 Covered Call ETF during the 1st quarter valued at about $518,000. PFG Investments LLC lifted its stake in shares of Global X Nasdaq 100 Covered Call ETF by 2.8% in the 1st quarter. PFG Investments LLC now owns 315,898 shares of the company’s stock worth $5,418,000 after acquiring an additional 8,511 shares during the period. World Investment Advisors lifted its stake in shares of Global X Nasdaq 100 Covered Call ETF by 1.4% in the 1st quarter. World Investment Advisors now owns 73,077 shares of the company’s stock worth $1,253,000 after acquiring an additional 975 shares during the period. SOL Capital Management CO bought a new position in shares of Global X Nasdaq 100 Covered Call ETF in the first quarter valued at approximately $4,519,000. Finally, Columbia Advisory Partners LLC boosted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 6.0% in the first quarter. Columbia Advisory Partners LLC now owns 11,860 shares of the company’s stock valued at $203,000 after acquiring an additional 668 shares in the last quarter.

Global X Nasdaq 100 Covered Call ETF Price Performance

NASDAQ QYLD opened at $18.13 on Thursday. 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 capitalization of $8.21 billion, a PE ratio of 32.28 and a beta of 0.61. The company’s 50 day simple moving average is $18.05 and its 200 day simple moving average is $17.77.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 22nd were paid a dividend of $0.1854 per share. 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 an increase from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.18.

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.