McAdam LLC Grows Position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

McAdam LLC lifted its holdings in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 10.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 32,611 shares of the company’s stock after purchasing an additional 3,176 shares during the quarter. McAdam LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $588,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Wealthcare Advisory Partners LLC raised its position in shares of Global X Nasdaq 100 Covered Call ETF by 35.9% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 25,382 shares of the company’s stock worth $455,000 after acquiring an additional 6,708 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of Global X Nasdaq 100 Covered Call ETF by 61.4% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 1,006,080 shares of the company’s stock valued at $18,019,000 after purchasing an additional 382,608 shares during the last quarter. MCF Advisors LLC purchased a new position in shares of Global X Nasdaq 100 Covered Call ETF in the 1st quarter valued at approximately $49,000. Hennion & Walsh Asset Management Inc. grew its stake in shares of Global X Nasdaq 100 Covered Call ETF by 24.2% in the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 52,258 shares of the company’s stock valued at $936,000 after purchasing an additional 10,198 shares during the last quarter. Finally, Vicus Capital boosted its stake in shares of Global X Nasdaq 100 Covered Call ETF by 4.2% in the first quarter. Vicus Capital now owns 62,202 shares of the company’s stock valued at $1,114,000 after buying an additional 2,483 shares in the last quarter.

Global X Nasdaq 100 Covered Call ETF Price Performance

Global X Nasdaq 100 Covered Call ETF stock opened at $18.12 on Friday. Global X Nasdaq 100 Covered Call ETF has a 1-year low of $15.91 and a 1-year high of $18.35. The company has a market cap of $8.17 billion, a PE ratio of 28.58 and a beta of 0.71. The stock’s 50 day moving average price is $17.94 and its 200 day moving average price is $17.71.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, October 28th. Shareholders of record on Monday, October 21st will be issued a $0.183 dividend. This is a positive change from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.18. The ex-dividend date of this dividend is Monday, October 21st. This represents a $2.20 annualized dividend and a yield of 12.12%.

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.