Global X Nasdaq 100 Covered Call ETF $QYLD Stock Position Trimmed by International Assets Investment Management LLC

International Assets Investment Management LLC decreased its position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 5.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 483,537 shares of the company’s stock after selling 30,235 shares during the quarter. International Assets Investment Management LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $8,986,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Commonwealth Equity Services LLC acquired a new stake in Global X Nasdaq 100 Covered Call ETF during the 3rd quarter valued at $12,057,000. Integrity Alliance LLC. acquired a new position in Global X Nasdaq 100 Covered Call ETF in the 3rd quarter worth $623,000. XML Financial LLC lifted its holdings in Global X Nasdaq 100 Covered Call ETF by 27.0% in the 3rd quarter. XML Financial LLC now owns 49,834 shares of the company’s stock worth $924,000 after buying an additional 10,585 shares in the last quarter. Traynor Capital Management Inc. lifted its holdings in Global X Nasdaq 100 Covered Call ETF by 35.5% in the 3rd quarter. Traynor Capital Management Inc. now owns 18,367 shares of the company’s stock worth $341,000 after buying an additional 4,816 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new position in Global X Nasdaq 100 Covered Call ETF in the 3rd quarter valued at about $5,155,000.

Global X Nasdaq 100 Covered Call ETF Price Performance

NASDAQ:QYLD opened at $17.11 on Friday. The firm has a 50-day moving average of $18.33 and a two-hundred day moving average of $17.95. The stock has a market cap of $7.85 billion, a P/E ratio of 32.28 and a beta of 0.62. Global X Nasdaq 100 Covered Call ETF has a 1-year low of $16.63 and a 1-year high of $18.76.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, October 22nd. Investors of record on Monday, October 19th were paid a $0.1826 dividend. This represents a $2.19 annualized dividend and a dividend yield of 12.8%. This is a positive change from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.1767. The ex-dividend date was Monday, October 19th.

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.