Wealth Effects LLC Sells 4,503 Shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Wealth Effects LLC lowered its position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 6.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 67,201 shares of the company’s stock after selling 4,503 shares during the period. Wealth Effects LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $1,118,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. LPL Financial LLC raised its stake in shares of Global X Nasdaq 100 Covered Call ETF by 13.7% in the fourth quarter. LPL Financial LLC now owns 12,248,780 shares of the company’s stock valued at $223,173,000 after acquiring an additional 1,474,869 shares during the last quarter. Global X Japan Co. Ltd. increased its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 70.9% in the first quarter. Global X Japan Co. Ltd. now owns 9,250,598 shares of the company’s stock valued at $153,837,000 after purchasing an additional 3,836,324 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 6.7% in the fourth quarter. Bank of America Corp DE now owns 5,450,276 shares of the company’s stock valued at $99,304,000 after purchasing an additional 344,125 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Global X Nasdaq 100 Covered Call ETF in the fourth quarter valued at approximately $72,550,000. Finally, Ameriprise Financial Inc. increased its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 5.8% in the fourth quarter. Ameriprise Financial Inc. now owns 2,167,272 shares of the company’s stock valued at $39,489,000 after purchasing an additional 118,309 shares in the last quarter.

Global X Nasdaq 100 Covered Call ETF Price Performance

Shares of Global X Nasdaq 100 Covered Call ETF stock opened at $16.64 on Thursday. The firm has a market cap of $8.37 billion, a P/E ratio of 32.28 and a beta of 0.64. The firm has a 50 day simple moving average of $16.37 and a 200 day simple moving average of $17.29. Global X Nasdaq 100 Covered Call ETF has a fifty-two week low of $14.48 and a fifty-two week high of $18.89.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 23rd will be issued a $0.1657 dividend. The ex-dividend date of this dividend is Monday, June 23rd. This represents a $1.99 dividend on an annualized basis and a dividend yield of 11.95%. This is a positive change from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.17.

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.