RDA Financial Network Increases Stock Position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

RDA Financial Network boosted its holdings in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 4.5% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 135,749 shares of the company’s stock after acquiring an additional 5,800 shares during the quarter. RDA Financial Network’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $2,258,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Vanguard Capital Wealth Advisors boosted its position in Global X Nasdaq 100 Covered Call ETF by 105.5% during the first quarter. Vanguard Capital Wealth Advisors now owns 26,592 shares of the company’s stock valued at $442,000 after purchasing an additional 13,651 shares in the last quarter. Evexia Wealth LLC boosted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 5.5% in the 1st quarter. Evexia Wealth LLC now owns 38,115 shares of the company’s stock valued at $632,000 after buying an additional 1,976 shares in the last quarter. Signal Advisors Wealth LLC grew its position in shares of Global X Nasdaq 100 Covered Call ETF by 40.9% in the 1st quarter. Signal Advisors Wealth LLC now owns 316,979 shares of the company’s stock worth $5,271,000 after buying an additional 91,953 shares during the last quarter. Annex Advisory Services LLC grew its position in shares of Global X Nasdaq 100 Covered Call ETF by 22.5% in the 1st quarter. Annex Advisory Services LLC now owns 57,063 shares of the company’s stock worth $949,000 after buying an additional 10,463 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of Global X Nasdaq 100 Covered Call ETF by 18.8% during the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,258 shares of the company’s stock worth $71,000 after acquiring an additional 675 shares in the last quarter.

Global X Nasdaq 100 Covered Call ETF Stock Up 0.5%

Shares of QYLD opened at $16.57 on Friday. The company has a market cap of $8.34 billion, a price-to-earnings ratio of 30.00 and a beta of 0.71. Global X Nasdaq 100 Covered Call ETF has a twelve month low of $14.48 and a twelve month high of $18.89. The company has a 50 day moving average of $16.21 and a two-hundred day moving average of $17.43.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, May 27th. Stockholders of record on Monday, May 19th were issued a dividend of $0.165 per share. The ex-dividend date was Monday, May 19th. This represents a $1.98 annualized dividend and a dividend yield of 11.95%.

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.