Compass Financial Management LLC Takes Position in Global X Nasdaq 100 Covered Call ETF $QYLD

Compass Financial Management LLC bought a new stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 37,815 shares of the company’s stock, valued at approximately $684,000.

Several other large investors have also recently added to or reduced their stakes in the business. IMC Chicago LLC boosted its stake 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 worth $22,226,000 after buying an additional 1,068,210 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of Global X Nasdaq 100 Covered Call ETF by 485.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,141,127 shares of the company’s stock valued at $20,164,000 after acquiring an additional 946,115 shares during the last quarter. Foguth Wealth Management LLC. increased its stake in shares of Global X Nasdaq 100 Covered Call ETF by 67.4% during the 1st quarter. Foguth Wealth Management LLC. now owns 2,083,167 shares of the company’s stock valued at $37,664,000 after acquiring an additional 838,503 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 22.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 3,161,576 shares of the company’s stock worth $52,883,000 after acquiring an additional 571,203 shares during the period. Finally, Baker Avenue Asset Management LP boosted its position in shares of Global X Nasdaq 100 Covered Call ETF by 741.4% in the fourth quarter. Baker Avenue Asset Management LP now owns 432,687 shares of the company’s stock worth $7,646,000 after acquiring an additional 381,260 shares during the last quarter.

Global X Nasdaq 100 Covered Call ETF Stock Performance

Global X Nasdaq 100 Covered Call ETF stock opened at $18.32 on Monday. Global X Nasdaq 100 Covered Call ETF has a 1 year low of $16.42 and a 1 year high of $18.54. The firm has a 50 day moving average price of $18.06 and a 200 day moving average price of $17.82. The company has a market cap of $8.34 billion, a price-to-earnings ratio of 32.28 and a beta of 0.62.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, July 23rd. Shareholders of record on Monday, July 20th were issued a $0.1775 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 11.6%. The ex-dividend date was Monday, July 20th.

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.