Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) Shares Bought by Essex Financial Services Inc.

Essex Financial Services Inc. lifted its stake in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 15.5% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 26,470 shares of the company’s stock after purchasing an additional 3,548 shares during the quarter. Essex Financial Services Inc.’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $472,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Cetera Investment Advisers raised its position in shares of Global X Nasdaq 100 Covered Call ETF by 424.9% during the 1st quarter. Cetera Investment Advisers now owns 1,157,828 shares of the company’s stock worth $20,737,000 after buying an additional 937,265 shares in the last quarter. Principal Securities Inc. bought a new stake in Global X Nasdaq 100 Covered Call ETF during the fourth quarter worth approximately $15,923,000. SageView Advisory Group LLC lifted its position in Global X Nasdaq 100 Covered Call ETF by 1,917.9% in the fourth quarter. SageView Advisory Group LLC now owns 590,564 shares of the company’s stock worth $10,240,000 after purchasing an additional 561,298 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in Global X Nasdaq 100 Covered Call ETF by 61.4% during 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 in the last quarter. Finally, Raymond James Financial Services Advisors Inc. increased its position in shares of Global X Nasdaq 100 Covered Call ETF by 9.7% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 3,222,743 shares of the company’s stock valued at $56,946,000 after purchasing an additional 283,654 shares during the period.

Global X Nasdaq 100 Covered Call ETF Stock Up 0.7 %

Shares of Global X Nasdaq 100 Covered Call ETF stock opened at $17.89 on Tuesday. The business has a fifty day simple moving average of $17.59 and a 200-day simple moving average of $17.68. Global X Nasdaq 100 Covered Call ETF has a fifty-two week low of $15.91 and a fifty-two week high of $18.04. The firm has a market cap of $8.38 billion, a price-to-earnings ratio of 28.58 and a beta of 0.71.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, August 26th. Shareholders of record on Monday, August 19th were issued a $0.179 dividend. This represents a $2.15 dividend on an annualized basis and a yield of 12.01%. This is an increase from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.18. The ex-dividend date was Monday, August 19th.

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.