Fifth Third Bancorp Acquires New Shares in Global X Nasdaq 100 Covered Call ETF $QYLD

Fifth Third Bancorp bought a new position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 67,430 shares of the company’s stock, valued at approximately $1,156,000.

Other hedge funds also recently added to or reduced their stakes in the company. Russell Investments Group Ltd. lifted its stake in Global X Nasdaq 100 Covered Call ETF by 286.3% in the fourth quarter. Russell Investments Group Ltd. now owns 1,491 shares of the company’s stock valued at $26,000 after buying an additional 1,105 shares during the last quarter. SHP Wealth Management bought a new position in shares of Global X Nasdaq 100 Covered Call ETF during the fourth quarter worth about $31,000. Friedenthal Financial acquired a new stake in shares of Global X Nasdaq 100 Covered Call ETF in the 4th quarter worth about $32,000. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 462.4% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,154 shares of the company’s stock worth $38,000 after acquiring an additional 1,771 shares during the period. Finally, Quaker Wealth Management LLC bought a new stake in Global X Nasdaq 100 Covered Call ETF in the 4th quarter valued at about $39,000.

Global X Nasdaq 100 Covered Call ETF Stock Down 0.5%

Shares of NASDAQ:QYLD opened at $17.56 on Friday. The company’s 50-day moving average price is $18.04 and its 200 day moving average price is $17.79. The company has a market cap of $8.04 billion, a PE ratio of 32.28 and a beta of 0.61. Global X Nasdaq 100 Covered Call ETF has a fifty-two week low of $16.35 and a fifty-two week high of $18.54.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, July 23rd. Shareholders of record on Monday, July 20th were paid a $0.1775 dividend. The ex-dividend date was Monday, July 20th. This represents a c) annualized dividend and a dividend yield of 12.1%.

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.