Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) Stock Holdings Increased by HBW Advisory Services LLC

HBW Advisory Services LLC raised its holdings in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 2.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 162,816 shares of the company’s stock after acquiring an additional 3,970 shares during the period. HBW Advisory Services LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $2,890,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of QYLD. Atomi Financial Group Inc. purchased a new stake in shares of Global X Nasdaq 100 Covered Call ETF during the first quarter valued at $885,000. Level Four Advisory Services LLC lifted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 31.0% during the first quarter. Level Four Advisory Services LLC now owns 55,200 shares of the company’s stock valued at $947,000 after purchasing an additional 13,065 shares during the last quarter. Front Row Advisors LLC purchased a new stake in shares of Global X Nasdaq 100 Covered Call ETF during the first quarter valued at $165,000. Arete Wealth Advisors LLC purchased a new stake in shares of Global X Nasdaq 100 Covered Call ETF during the first quarter valued at $3,126,000. Finally, Ameriprise Financial Inc. lifted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 3.5% during the first quarter. Ameriprise Financial Inc. now owns 1,243,824 shares of the company’s stock valued at $21,362,000 after purchasing an additional 41,930 shares during the last quarter.

Global X Nasdaq 100 Covered Call ETF Stock Performance

NASDAQ:QYLD remained flat at $17.50 during trading hours on Thursday. The company had a trading volume of 2,416,073 shares, compared to its average volume of 4,096,017. The stock has a market cap of $8.06 billion, a price-to-earnings ratio of 21.43 and a beta of 0.71. Global X Nasdaq 100 Covered Call ETF has a 52-week low of $15.00 and a 52-week high of $18.16. The stock has a fifty day moving average price of $17.69 and a two-hundred day moving average price of $17.53.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, August 29th. Shareholders of record on Tuesday, August 22nd were given a $0.1731 dividend. This represents a $2.08 annualized dividend and a yield of 11.87%. The ex-dividend date of this dividend was Monday, August 21st.

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.