Caerus Investment Advisors LLC Has $9.95 Million Position in Global X Nasdaq 100 Covered Call ETF $QYLD

Caerus Investment Advisors LLC trimmed its holdings in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 5.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 580,224 shares of the company’s stock after selling 33,114 shares during the quarter. Global X Nasdaq 100 Covered Call ETF comprises 4.1% of Caerus Investment Advisors LLC’s portfolio, making the stock its 5th biggest holding. Caerus Investment Advisors LLC owned 0.13% of Global X Nasdaq 100 Covered Call ETF worth $9,951,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. LPL Financial LLC lifted its stake in shares of Global X Nasdaq 100 Covered Call ETF by 2.8% in the fourth quarter. LPL Financial LLC now owns 11,586,603 shares of the company’s stock worth $204,735,000 after buying an additional 312,055 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 0.7% during the 1st quarter. Bank of America Corp DE now owns 4,887,612 shares of the company’s stock worth $83,823,000 after buying an additional 34,751 shares during the period. Ameriprise Financial Inc. grew its stake in Global X Nasdaq 100 Covered Call ETF by 22.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,161,576 shares of the company’s stock valued at $52,883,000 after buying an additional 571,203 shares during the last quarter. Foguth Wealth Management LLC. grew its stake in Global X Nasdaq 100 Covered Call ETF by 67.4% in the 1st quarter. Foguth Wealth Management LLC. now owns 2,083,167 shares of the company’s stock valued at $37,664,000 after buying an additional 838,503 shares during the last quarter. Finally, Royal Bank of Canada raised its holdings in Global X Nasdaq 100 Covered Call ETF by 2.5% in the 4th quarter. Royal Bank of Canada now owns 1,785,168 shares of the company’s stock worth $31,544,000 after acquiring an additional 43,333 shares during the period.

Global X Nasdaq 100 Covered Call ETF Price Performance

Global X Nasdaq 100 Covered Call ETF stock opened at $17.74 on Friday. The firm has a market cap of $8.08 billion, a price-to-earnings ratio of 32.28 and a beta of 0.61. Global X Nasdaq 100 Covered Call ETF has a fifty-two week low of $16.35 and a fifty-two week high of $18.54. The firm has a fifty day moving average price of $18.01 and a two-hundred day moving average price of $17.78.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The firm also recently declared 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.

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.