Envestnet Portfolio Solutions Inc. Has $1.14 Million Stock Position in Global X Nasdaq 100 Covered Call ETF $QYLD

Envestnet Portfolio Solutions Inc. trimmed its stake in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 46.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 68,338 shares of the company’s stock after selling 58,630 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $1,143,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Private Client Services LLC raised its stake in shares of Global X Nasdaq 100 Covered Call ETF by 4.9% in the second quarter. Private Client Services LLC now owns 12,923 shares of the company’s stock valued at $216,000 after acquiring an additional 608 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of Global X Nasdaq 100 Covered Call ETF by 15.2% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,904 shares of the company’s stock valued at $82,000 after acquiring an additional 646 shares during the last quarter. Moors & Cabot Inc. raised its stake in shares of Global X Nasdaq 100 Covered Call ETF by 2.1% in the first quarter. Moors & Cabot Inc. now owns 31,126 shares of the company’s stock valued at $518,000 after acquiring an additional 655 shares during the last quarter. Essex Financial Services Inc. raised its stake in shares of Global X Nasdaq 100 Covered Call ETF by 2.1% in the first quarter. Essex Financial Services Inc. now owns 32,433 shares of the company’s stock valued at $539,000 after acquiring an additional 659 shares during the last quarter. Finally, IFG Advisory LLC raised its stake in shares of Global X Nasdaq 100 Covered Call ETF by 3.3% in the first quarter. IFG Advisory LLC now owns 20,916 shares of the company’s stock valued at $348,000 after acquiring an additional 676 shares during the last quarter.

Global X Nasdaq 100 Covered Call ETF Trading Up 0.5%

NASDAQ:QYLD opened at $17.28 on Friday. Global X Nasdaq 100 Covered Call ETF has a 1 year low of $14.48 and a 1 year high of $18.89. The firm has a 50 day moving average of $16.90 and a 200-day moving average of $16.60. The stock has a market capitalization of $8.15 billion, a P/E ratio of 32.28 and a beta of 0.71.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, September 29th. Stockholders of record on Monday, September 22nd were paid a $0.1704 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 11.8%. This is an increase from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.17. The ex-dividend date was Monday, September 22nd.

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.