Southland Equity Partners LLC Boosts Stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Southland Equity Partners LLC raised its holdings in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 72.9% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 22,882 shares of the company’s stock after purchasing an additional 9,646 shares during the quarter. Southland Equity Partners LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $381,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vontobel Holding Ltd. purchased a new stake in Global X Nasdaq 100 Covered Call ETF in the fourth quarter valued at $273,000. Thrivent Financial for Lutherans acquired a new stake in shares of Global X Nasdaq 100 Covered Call ETF in the fourth quarter valued at $199,000. Corient Private Wealth LLC grew its stake in shares of Global X Nasdaq 100 Covered Call ETF by 9.1% in the fourth quarter. Corient Private Wealth LLC now owns 191,794 shares of the company’s stock valued at $3,494,000 after buying an additional 15,928 shares in the last quarter. Tucker Asset Management LLC grew its stake in shares of Global X Nasdaq 100 Covered Call ETF by 310.0% in the fourth quarter. Tucker Asset Management LLC now owns 5,691 shares of the company’s stock valued at $104,000 after buying an additional 4,303 shares in the last quarter. Finally, Allworth Financial LP grew its stake in shares of Global X Nasdaq 100 Covered Call ETF by 9.9% in the fourth quarter. Allworth Financial LP now owns 10,254 shares of the company’s stock valued at $190,000 after buying an additional 923 shares in the last quarter.

Global X Nasdaq 100 Covered Call ETF Trading Down 0.2%

Shares of NASDAQ QYLD opened at $16.59 on Friday. Global X Nasdaq 100 Covered Call ETF has a twelve month low of $14.48 and a twelve month high of $18.89. The stock has a fifty day simple moving average of $16.30 and a 200-day simple moving average of $17.38. The stock has a market capitalization of $8.35 billion, a PE ratio of 30.00 and a beta of 0.71.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, May 27th. Stockholders of record on Monday, May 19th were paid a $0.165 dividend. The ex-dividend date of this dividend was Monday, May 19th. This represents a $1.98 dividend on an annualized basis and a dividend yield of 11.93%.

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.