Global X Nasdaq 100 Covered Call ETF $QYLD Shares Bought by Foguth Wealth Management LLC.

Foguth Wealth Management LLC. lifted its stake in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 67.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,083,167 shares of the company’s stock after acquiring an additional 838,503 shares during the quarter. Global X Nasdaq 100 Covered Call ETF accounts for 4.7% of Foguth Wealth Management LLC.’s portfolio, making the stock its 4th largest holding. Foguth Wealth Management LLC. owned 0.45% of Global X Nasdaq 100 Covered Call ETF worth $37,664,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Russell Investments Group Ltd. lifted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 286.3% during the fourth quarter. Russell Investments Group Ltd. now owns 1,491 shares of the company’s stock valued at $26,000 after purchasing an additional 1,105 shares during the last quarter. Matrix Private Capital Group LLC acquired a new position in shares of Global X Nasdaq 100 Covered Call ETF in the 1st quarter valued at $27,000. SHP Wealth Management purchased a new position in Global X Nasdaq 100 Covered Call ETF in the 4th quarter worth about $31,000. Friedenthal Financial purchased a new position in Global X Nasdaq 100 Covered Call ETF in the 4th quarter worth about $32,000. Finally, Thurston Springer Miller Herd & Titak Inc. raised its holdings in Global X Nasdaq 100 Covered Call ETF by 462.4% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,154 shares of the company’s stock worth $38,000 after buying an additional 1,771 shares during the period.

Global X Nasdaq 100 Covered Call ETF Trading Up 0.7%

QYLD stock opened at $17.74 on Friday. Global X Nasdaq 100 Covered Call ETF has a one year low of $16.35 and a one year high of $18.54. The firm has a market capitalization of $8.08 billion, a PE ratio of 32.28 and a beta of 0.61. The firm has a 50-day moving average of $18.01 and a two-hundred day moving average of $17.78.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, July 23rd. Stockholders of record on Monday, July 20th were given a $0.1775 dividend. This represents a c) annualized dividend and a dividend yield of 12.0%. The ex-dividend date of this dividend was Monday, July 20th.

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.