Sigma Planning Corp Sells 58,167 Shares of Global X Nasdaq 100 Covered Call ETF $QYLD

Sigma Planning Corp lowered its stake in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 40.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 85,858 shares of the company’s stock after selling 58,167 shares during the period. Sigma Planning Corp’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $1,436,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of QYLD. Dagco Inc. purchased a new position in shares of Global X Nasdaq 100 Covered Call ETF in the first quarter valued at $25,000. Bartlett & CO. Wealth Management LLC purchased a new position in shares of Global X Nasdaq 100 Covered Call ETF in the second quarter valued at $26,000. Rossby Financial LCC purchased a new position in shares of Global X Nasdaq 100 Covered Call ETF in the second quarter valued at $33,000. Salem Investment Counselors Inc. grew its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 92.9% in the second quarter. Salem Investment Counselors Inc. now owns 2,700 shares of the company’s stock valued at $45,000 after purchasing an additional 1,300 shares in the last quarter. Finally, Oliver Lagore Vanvalin Investment Group purchased a new position in shares of Global X Nasdaq 100 Covered Call ETF in the second quarter valued at $49,000.

Global X Nasdaq 100 Covered Call ETF Stock Performance

QYLD stock opened at $17.45 on Thursday. The firm has a fifty day moving average price of $17.07 and a 200 day moving average price of $16.74. 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. The firm has a market cap of $8.12 billion, a PE ratio of 32.28 and a beta of 0.65.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, October 27th. Shareholders of record on Monday, October 20th were paid a dividend of $0.1731 per share. The ex-dividend date of this dividend was Monday, October 20th. This is a positive change from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.17. This represents a c) annualized dividend and a yield of 11.9%.

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.