Brookstone Capital Management Has $23.80 Million Stock Holdings in Global X Nasdaq 100 Covered Call ETF $QYLD

Brookstone Capital Management grew its position in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 8.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,423,652 shares of the company’s stock after purchasing an additional 116,194 shares during the quarter. Brookstone Capital Management’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $23,803,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in QYLD. LPL Financial LLC lifted its stake in shares of Global X Nasdaq 100 Covered Call ETF by 4.2% in the first quarter. LPL Financial LLC now owns 12,759,474 shares of the company’s stock worth $212,190,000 after acquiring an additional 510,694 shares during the period. Global X Japan Co. Ltd. lifted its stake in shares of Global X Nasdaq 100 Covered Call ETF by 24.6% in the second quarter. Global X Japan Co. Ltd. now owns 11,522,838 shares of the company’s stock worth $192,662,000 after acquiring an additional 2,272,240 shares during the period. CWM LLC lifted its stake in shares of Global X Nasdaq 100 Covered Call ETF by 4.1% in the second quarter. CWM LLC now owns 2,635,875 shares of the company’s stock worth $44,072,000 after acquiring an additional 104,744 shares during the period. Ameriprise Financial Inc. increased its holdings in Global X Nasdaq 100 Covered Call ETF by 19.5% in the first quarter. Ameriprise Financial Inc. now owns 2,590,373 shares of the company’s stock worth $43,076,000 after purchasing an additional 423,101 shares in the last quarter. Finally, Royal Bank of Canada increased its holdings in Global X Nasdaq 100 Covered Call ETF by 2.4% in the first quarter. Royal Bank of Canada now owns 2,181,224 shares of the company’s stock worth $36,273,000 after purchasing an additional 51,322 shares in the last quarter.

Global X Nasdaq 100 Covered Call ETF Stock Performance

Shares of QYLD stock opened at $17.27 on Wednesday. The company has a market cap of $8.14 billion, a P/E ratio of 32.28 and a beta of 0.71. The stock has a 50 day simple moving average of $16.91 and a two-hundred day simple moving average of $16.62. Global X Nasdaq 100 Covered Call ETF has a fifty-two week low of $14.48 and a fifty-two week high of $18.89.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, October 27th. Stockholders of record on Monday, October 20th will be issued a dividend of $0.1731 per share. This is a positive change from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.17. This represents a c) annualized dividend and a dividend yield of 12.0%. The ex-dividend date is Monday, October 20th.

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.