Private Advisor Group LLC Has $6.31 Million Stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Private Advisor Group LLC trimmed its position in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 68.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 350,001 shares of the company’s stock after selling 748,331 shares during the quarter. Private Advisor Group LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $6,314,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in QYLD. Global X Japan Co. Ltd. lifted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 80.1% during the 2nd quarter. Global X Japan Co. Ltd. now owns 3,058,359 shares of the company’s stock valued at $54,041,000 after buying an additional 1,360,501 shares during the last quarter. Cetera Investment Advisers raised its stake in shares of Global X Nasdaq 100 Covered Call ETF by 424.9% in the 1st quarter. Cetera Investment Advisers now owns 1,157,828 shares of the company’s stock valued at $20,737,000 after acquiring an additional 937,265 shares in the last quarter. LPL Financial LLC raised its stake in shares of Global X Nasdaq 100 Covered Call ETF by 8.8% in the 2nd quarter. LPL Financial LLC now owns 10,127,547 shares of the company’s stock valued at $178,954,000 after acquiring an additional 815,034 shares in the last quarter. Strategic Financial Concepts LLC raised its stake in shares of Global X Nasdaq 100 Covered Call ETF by 1,161.4% in the 2nd quarter. Strategic Financial Concepts LLC now owns 500,615 shares of the company’s stock valued at $88,000 after acquiring an additional 460,928 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised 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 acquiring an additional 382,608 shares in the last quarter.

Global X Nasdaq 100 Covered Call ETF Stock Performance

Shares of QYLD stock opened at $18.15 on Friday. The stock’s 50 day simple moving average is $17.94 and its 200 day simple moving average is $17.71. Global X Nasdaq 100 Covered Call ETF has a twelve month low of $15.91 and a twelve month high of $18.35. The company has a market capitalization of $8.18 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 business also recently disclosed a monthly dividend, which will be paid on Monday, October 28th. Investors of record on Monday, October 21st will be paid a $0.183 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 12.10%. This is an increase 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.

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.