McAdam LLC Boosts Holdings in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

McAdam LLC grew its stake in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 10.8% in the third quarter, according to its most recent disclosure 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 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in QYLD. Rockport Wealth LLC raised its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 0.9% in the second quarter. Rockport Wealth LLC now owns 65,481 shares of the company’s stock valued at $1,157,000 after acquiring an additional 561 shares in the last quarter. Prospect Financial Services LLC increased its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 3.5% during the second quarter. Prospect Financial Services LLC now owns 18,581 shares of the company’s stock valued at $328,000 after acquiring an additional 623 shares in the last quarter. Sunbelt Securities Inc. increased its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 4.6% during the second quarter. Sunbelt Securities Inc. now owns 16,013 shares of the company’s stock valued at $283,000 after acquiring an additional 703 shares in the last quarter. Vicus Capital boosted its position in Global X Nasdaq 100 Covered Call ETF by 1.3% in the third quarter. Vicus Capital now owns 65,470 shares of the company’s stock valued at $1,181,000 after buying an additional 819 shares during the last quarter. Finally, StoneX Group Inc. boosted its position in Global X Nasdaq 100 Covered Call ETF by 4.1% in the first quarter. StoneX Group Inc. now owns 21,204 shares of the company’s stock valued at $380,000 after buying an additional 835 shares during the last quarter.

Global X Nasdaq 100 Covered Call ETF Stock Up 0.6 %

Shares of NASDAQ QYLD opened at $18.12 on Friday. Global X Nasdaq 100 Covered Call ETF has a 52 week low of $15.91 and a 52 week high of $18.35. The business’s 50 day moving average price is $17.94 and its 200 day moving average price is $17.71. The firm has a market cap of $8.17 billion, a P/E ratio of 28.58 and a beta of 0.71.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, October 28th. Stockholders of record on Monday, October 21st will be paid a dividend of $0.183 per share. This represents a $2.20 annualized dividend and a dividend yield of 12.12%. 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.