Hennion & Walsh Asset Management Inc. Has $1.98 Million Stock Position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Hennion & Walsh Asset Management Inc. raised its holdings in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 27.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 109,635 shares of the company’s stock after purchasing an additional 23,739 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $1,978,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. MCF Advisors LLC bought a new stake in shares of Global X Nasdaq 100 Covered Call ETF during the first quarter worth approximately $49,000. US Bancorp DE acquired a new position in shares of Global X Nasdaq 100 Covered Call ETF in the 1st quarter valued at $573,000. Oppenheimer & Co. Inc. boosted its position in shares of Global X Nasdaq 100 Covered Call ETF by 5.9% in the 1st quarter. Oppenheimer & Co. Inc. now owns 51,561 shares of the company’s stock worth $923,000 after purchasing an additional 2,861 shares during the last quarter. Fifth Third Securities Inc. grew its stake in shares of Global X Nasdaq 100 Covered Call ETF by 53.9% during the first quarter. Fifth Third Securities Inc. now owns 176,566 shares of the company’s stock worth $3,162,000 after purchasing an additional 61,805 shares during the period. Finally, Envestnet Portfolio Solutions Inc. grew its stake in shares of Global X Nasdaq 100 Covered Call ETF by 44.3% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 64,443 shares of the company’s stock worth $1,154,000 after purchasing an additional 19,779 shares during the period.

Global X Nasdaq 100 Covered Call ETF Trading Up 0.2 %

NASDAQ:QYLD opened at $18.15 on Friday. Global X Nasdaq 100 Covered Call ETF has a 1-year low of $15.91 and a 1-year high of $18.35. The firm has a market capitalization of $8.18 billion, a price-to-earnings ratio of 28.58 and a beta of 0.71. The business’s 50-day moving average price is $17.94 and its two-hundred day moving average price is $17.71.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, October 28th. Investors of record on Monday, October 21st will be given 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.

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.