Principal Securities Inc. Has $20.23 Million Stock Position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Principal Securities Inc. raised its position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 0.5% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,110,269 shares of the company’s stock after acquiring an additional 5,372 shares during the period. Principal Securities Inc.’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $20,229,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Optiver Holding B.V. acquired a new position in Global X Nasdaq 100 Covered Call ETF in the 4th quarter valued at approximately $25,000. Transce3nd LLC acquired a new position in Global X Nasdaq 100 Covered Call ETF in the 4th quarter valued at approximately $31,000. Biltmore Family Office LLC raised its holdings in Global X Nasdaq 100 Covered Call ETF by 300.0% in the 4th quarter. Biltmore Family Office LLC now owns 2,000 shares of the company’s stock valued at $37,000 after acquiring an additional 1,500 shares in the last quarter. Hollencrest Capital Management acquired a new position in Global X Nasdaq 100 Covered Call ETF in the 4th quarter valued at approximately $50,000. Finally, Thurston Springer Miller Herd & Titak Inc. raised its holdings in Global X Nasdaq 100 Covered Call ETF by 18.8% in the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,258 shares of the company’s stock valued at $71,000 after acquiring an additional 675 shares in the last quarter.

Global X Nasdaq 100 Covered Call ETF Trading Up 0.1%

Shares of QYLD opened at $16.77 on Wednesday. Global X Nasdaq 100 Covered Call ETF has a 1 year low of $14.48 and a 1 year high of $18.89. The stock has a 50 day simple moving average of $16.49 and a 200-day simple moving average of $17.18. The stock has a market cap of $8.43 billion, a PE ratio of 32.28 and a beta of 0.71.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, June 30th. Shareholders of record on Monday, June 23rd were given a $0.1657 dividend. This represents a $1.99 dividend on an annualized basis and a yield of 11.86%. This is a positive change from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.17. The ex-dividend date was Monday, June 23rd.

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.