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

Private Advisor Group LLC reduced its position in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 68.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 350,001 shares of the company’s stock after selling 748,331 shares during the quarter. Private Advisor Group LLC owned 0.08% of Global X Nasdaq 100 Covered Call ETF worth $6,314,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Wealthcare Advisory Partners LLC lifted its stake in Global X Nasdaq 100 Covered Call ETF by 35.9% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 25,382 shares of the company’s stock worth $455,000 after acquiring an additional 6,708 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of Global X Nasdaq 100 Covered Call ETF by 61.4% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 1,006,080 shares of the company’s stock worth $18,019,000 after purchasing an additional 382,608 shares in the last quarter. MCF Advisors LLC acquired a new stake in shares of Global X Nasdaq 100 Covered Call ETF during the first quarter worth approximately $49,000. Hennion & Walsh Asset Management Inc. grew its position in Global X Nasdaq 100 Covered Call ETF by 24.2% during the first quarter. Hennion & Walsh Asset Management Inc. now owns 52,258 shares of the company’s stock valued at $936,000 after purchasing an additional 10,198 shares in the last quarter. Finally, Vicus Capital increased its stake in Global X Nasdaq 100 Covered Call ETF by 4.2% in the 1st quarter. Vicus Capital now owns 62,202 shares of the company’s stock valued at $1,114,000 after buying an additional 2,483 shares during the period.

Global X Nasdaq 100 Covered Call ETF Stock Up 0.2 %

Shares of NASDAQ:QYLD opened at $18.15 on Friday. The firm has a fifty day moving average of $17.94 and a two-hundred day moving average of $17.71. Global X Nasdaq 100 Covered Call ETF has a 12-month low of $15.91 and a 12-month high of $18.35. The firm has a market capitalization of $8.18 billion, a P/E ratio of 28.58 and a beta of 0.71.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, October 28th. Shareholders of record on Monday, October 21st will be paid a $0.183 dividend. The ex-dividend date is Monday, October 21st. This represents a $2.20 dividend on an annualized basis and a yield of 12.10%. This is an increase from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.18.

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.