Global X Nasdaq 100 Covered Call ETF $QYLD is Foguth Wealth Management LLC.’s 4th Largest Position

Foguth Wealth Management LLC. grew its holdings in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 67.4% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,083,167 shares of the company’s stock after purchasing an additional 838,503 shares during the period. Global X Nasdaq 100 Covered Call ETF makes up 4.7% of Foguth Wealth Management LLC.’s portfolio, making the stock its 4th biggest position. Foguth Wealth Management LLC.’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $37,664,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Brookwood Investment Group LLC lifted its stake in Global X Nasdaq 100 Covered Call ETF by 42.3% in the 4th quarter. Brookwood Investment Group LLC now owns 102,650 shares of the company’s stock worth $1,814,000 after acquiring an additional 30,516 shares in the last quarter. Kingswood Wealth Advisors LLC boosted its position in Global X Nasdaq 100 Covered Call ETF by 81.9% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 120,388 shares of the company’s stock worth $2,127,000 after acquiring an additional 54,205 shares during the period. Benchmark Financial LLC purchased a new position in Global X Nasdaq 100 Covered Call ETF during the 4th quarter valued at about $884,000. PFG Investments LLC grew its stake in Global X Nasdaq 100 Covered Call ETF by 18.0% during the 4th quarter. PFG Investments LLC now owns 307,387 shares of the company’s stock valued at $5,432,000 after acquiring an additional 46,944 shares in the last quarter. Finally, LPL Financial LLC increased its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 2.8% in the 4th quarter. LPL Financial LLC now owns 11,586,603 shares of the company’s stock valued at $204,735,000 after purchasing an additional 312,055 shares during the period.

Global X Nasdaq 100 Covered Call ETF Price Performance

NASDAQ QYLD opened at $17.74 on Friday. The company has a 50 day simple moving average of $18.01 and a 200-day simple moving average of $17.78. The firm has a market capitalization of $8.08 billion, a price-to-earnings ratio of 32.28 and a beta of 0.61. Global X Nasdaq 100 Covered Call ETF has a 52-week low of $16.35 and a 52-week high of $18.54.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, July 23rd. Investors of record on Monday, July 20th were given a dividend of $0.1775 per share. The ex-dividend date of this dividend was Monday, July 20th. This represents a c) dividend on an annualized basis and a yield of 12.0%.

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.