Wealthfront Advisers LLC Raises Stock Position in Global X Nasdaq 100 Covered Call ETF $QYLD

Wealthfront Advisers LLC lifted its holdings in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 16.7% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 239,939 shares of the company’s stock after purchasing an additional 34,355 shares during the quarter. Wealthfront Advisers LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $4,115,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in QYLD. D.A. Davidson & CO. grew its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 9.5% in the first quarter. D.A. Davidson & CO. now owns 70,364 shares of the company’s stock valued at $1,207,000 after purchasing an additional 6,079 shares in the last quarter. Sharpepoint LLC lifted its holdings in Global X Nasdaq 100 Covered Call ETF by 12.5% during the 1st quarter. Sharpepoint LLC now owns 101,802 shares of the company’s stock worth $1,746,000 after buying an additional 11,276 shares in the last quarter. IMC Chicago LLC boosted its position in Global X Nasdaq 100 Covered Call ETF by 469.0% in the 1st quarter. IMC Chicago LLC now owns 1,295,978 shares of the company’s stock valued at $22,226,000 after buying an additional 1,068,210 shares during the period. Sanctuary Advisors LLC grew its stake in shares of Global X Nasdaq 100 Covered Call ETF by 4.1% in the first quarter. Sanctuary Advisors LLC now owns 182,745 shares of the company’s stock worth $3,134,000 after acquiring an additional 7,204 shares in the last quarter. Finally, International Assets Investment Management LLC grew its stake in shares of Global X Nasdaq 100 Covered Call ETF by 0.7% in the first quarter. International Assets Investment Management LLC now owns 478,031 shares of the company’s stock worth $8,240,000 after acquiring an additional 3,347 shares in the last quarter.

Global X Nasdaq 100 Covered Call ETF Stock Performance

Global X Nasdaq 100 Covered Call ETF stock opened at $17.81 on Monday. The firm has a market capitalization of $8.08 billion, a P/E ratio of 32.28 and a beta of 0.61. Global X Nasdaq 100 Covered Call ETF has a twelve month low of $16.35 and a twelve month high of $18.54. The stock’s fifty day simple moving average is $18.08 and its 200-day simple moving average is $17.79.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, June 25th. Investors of record on Monday, June 22nd were paid a dividend of $0.1854 per share. This represents a c) annualized dividend and a yield of 12.5%. The ex-dividend date of this dividend was Monday, June 22nd. This is a positive change from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.18.

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.