HUB Investment Partners LLC Has $20.51 Million Stock Holdings in Global X Nasdaq 100 Covered Call ETF $QYLD

HUB Investment Partners LLC trimmed its stake in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 5.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,205,865 shares of the company’s stock after selling 73,174 shares during the quarter. Global X Nasdaq 100 Covered Call ETF comprises approximately 0.7% of HUB Investment Partners LLC’s investment portfolio, making the stock its 26th biggest position. HUB Investment Partners LLC owned about 0.26% of Global X Nasdaq 100 Covered Call ETF worth $20,512,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of QYLD. Global X Japan Co. Ltd. grew its stake in Global X Nasdaq 100 Covered Call ETF by 15.2% in the 3rd quarter. Global X Japan Co. Ltd. now owns 13,275,162 shares of the company’s stock valued at $225,811,000 after buying an additional 1,752,324 shares during the last quarter. Bensler LLC raised its holdings in Global X Nasdaq 100 Covered Call ETF by 4,648.8% in the 2nd quarter. Bensler LLC now owns 1,261,192 shares of the company’s stock valued at $21,087,000 after acquiring an additional 1,234,634 shares during the period. APS Management Group Inc. acquired a new stake in Global X Nasdaq 100 Covered Call ETF during the third quarter worth approximately $1,666,000. CreativeOne Wealth LLC boosted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 50.3% during the second quarter. CreativeOne Wealth LLC now owns 187,175 shares of the company’s stock worth $3,130,000 after acquiring an additional 62,671 shares during the period. Finally, NFP Retirement Inc. grew its position in shares of Global X Nasdaq 100 Covered Call ETF by 20.7% in the second quarter. NFP Retirement Inc. now owns 152,340 shares of the company’s stock valued at $2,547,000 after purchasing an additional 26,119 shares during the last quarter.

Global X Nasdaq 100 Covered Call ETF Trading Down 1.1%

NASDAQ:QYLD opened at $17.45 on Friday. The stock has a 50 day simple moving average of $17.70 and a 200 day simple moving average of $17.38. The stock has a market cap of $8.16 billion, a P/E ratio of 32.28 and a beta of 0.65. Global X Nasdaq 100 Covered Call ETF has a 1-year low of $14.48 and a 1-year high of $18.00.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 26th. Stockholders of record on Monday, February 23rd were issued a dividend of $0.1771 per share. The ex-dividend date of this dividend was Monday, February 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 12.2%.

About Global X Nasdaq 100 Covered Call ETF

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.