Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) Shares Bought by RiverFront Investment Group LLC

RiverFront Investment Group LLC grew its holdings in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 106.2% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 47,115 shares of the company’s stock after buying an additional 24,263 shares during the quarter. RiverFront Investment Group LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $833,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of QYLD. LPL Financial LLC lifted its holdings in Global X Nasdaq 100 Covered Call ETF by 8.8% in the second 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 during the period. Raymond James Financial Services Advisors Inc. increased its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 9.7% in 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 in the last quarter. Global X Japan Co. Ltd. lifted its stake in shares of Global X Nasdaq 100 Covered Call ETF by 80.1% in the second quarter. Global X Japan Co. Ltd. now owns 3,058,359 shares of the company’s stock valued at $54,041,000 after purchasing an additional 1,360,501 shares during the period. Osaic Holdings Inc. boosted its holdings in Global X Nasdaq 100 Covered Call ETF by 5.0% during the first quarter. Osaic Holdings Inc. now owns 1,939,585 shares of the company’s stock worth $34,741,000 after buying an additional 91,803 shares in the last quarter. Finally, Cetera Investment Advisers grew its position in Global X Nasdaq 100 Covered Call ETF by 27.5% during the second quarter. Cetera Investment Advisers now owns 1,475,749 shares of the company’s stock worth $26,076,000 after buying an additional 317,921 shares during the period.

Global X Nasdaq 100 Covered Call ETF Price Performance

Shares of NASDAQ:QYLD opened at $17.93 on Wednesday. The firm has a market capitalization of $8.40 billion, a price-to-earnings ratio of 28.58 and a beta of 0.71. The business’s 50 day simple moving average is $17.60 and its 200-day simple moving average is $17.68. Global X Nasdaq 100 Covered Call ETF has a 12 month low of $15.91 and a 12 month high of $18.17.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, September 30th. Shareholders of record on Monday, September 23rd were given a dividend of $0.181 per share. This represents a $2.17 dividend on an annualized basis and a yield of 12.11%. 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, September 23rd.

About Global X Nasdaq 100 Covered Call ETF

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.