Oppenheimer & Co. Inc. Purchases 85,802 Shares of Global X Nasdaq 100 Covered Call ETF $QYLD

Oppenheimer & Co. Inc. acquired a new position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) during the third quarter, according to the company in its most recent filing with the SEC. The fund acquired 85,802 shares of the company’s stock, valued at approximately $1,592,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in QYLD. TopTier Wealth Management LLC increased its position in shares of Global X Nasdaq 100 Covered Call ETF by 2.7% during the third quarter. TopTier Wealth Management LLC now owns 20,489 shares of the company’s stock worth $380,000 after acquiring an additional 542 shares during the last quarter. City Center Advisors LLC grew its stake in Global X Nasdaq 100 Covered Call ETF by 1.7% during the 2nd quarter. City Center Advisors LLC now owns 32,146 shares of the company’s stock valued at $592,000 after purchasing an additional 552 shares in the last quarter. Apella Capital LLC grew its stake in Global X Nasdaq 100 Covered Call ETF by 1.2% during the 3rd quarter. Apella Capital LLC now owns 57,783 shares of the company’s stock valued at $1,079,000 after purchasing an additional 701 shares in the last quarter. Dynamic Advisor Solutions LLC increased its holdings in Global X Nasdaq 100 Covered Call ETF by 1.4% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 56,782 shares of the company’s stock worth $1,046,000 after purchasing an additional 777 shares during the last quarter. Finally, IFP Advisors Inc increased its holdings in Global X Nasdaq 100 Covered Call ETF by 2.4% during the 2nd quarter. IFP Advisors Inc now owns 35,684 shares of the company’s stock worth $658,000 after purchasing an additional 825 shares during the last quarter.

Global X Nasdaq 100 Covered Call ETF Price Performance

Shares of QYLD opened at $17.89 on Monday. The business’s 50 day moving average is $18.40 and its two-hundred day moving average is $17.96. Global X Nasdaq 100 Covered Call ETF has a 52-week low of $16.63 and a 52-week high of $18.76. The firm has a market cap of $8.19 billion, a price-to-earnings ratio of 32.28 and a beta of 0.61.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, October 22nd. Investors of record on Monday, October 19th were paid a $0.1826 dividend. This represents a $2.19 dividend on an annualized basis and a dividend yield of 12.2%. This is a boost from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.1767. The ex-dividend date was Monday, October 19th.

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.