Essential Investment Partners LLC Acquires 30,954 Shares of Global X Nasdaq 100 Covered Call ETF $QYLD

Essential Investment Partners LLC acquired a new stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 30,954 shares of the company’s stock, valued at approximately $574,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. lifted its stake in Global X Nasdaq 100 Covered Call ETF by 152.2% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,513 shares of the company’s stock worth $28,000 after purchasing an additional 913 shares during the last quarter. Matrix Private Capital Group LLC acquired a new position in Global X Nasdaq 100 Covered Call ETF in the first quarter worth $27,000. CoreCap Advisors LLC increased its stake in Global X Nasdaq 100 Covered Call ETF by 231.0% during the second quarter. CoreCap Advisors LLC now owns 5,478 shares of the company’s stock valued at $101,000 after purchasing an additional 3,823 shares during the last quarter. Armstrong Advisory Group Inc. increased its stake in Global X Nasdaq 100 Covered Call ETF by 66.9% during the third quarter. Armstrong Advisory Group Inc. now owns 6,926 shares of the company’s stock valued at $128,000 after purchasing an additional 2,776 shares during the last quarter. Finally, Columbia Advisory Partners LLC increased its stake in Global X Nasdaq 100 Covered Call ETF by 6.0% during the first quarter. Columbia Advisory Partners LLC now owns 11,860 shares of the company’s stock valued at $203,000 after purchasing an additional 668 shares during the last quarter.

Global X Nasdaq 100 Covered Call ETF Stock Performance

Shares of NASDAQ:QYLD opened at $18.45 on Thursday. The company’s fifty day moving average is $18.41 and its two-hundred day moving average is $17.96. Global X Nasdaq 100 Covered Call ETF has a 1-year low of $16.63 and a 1-year high of $18.76. The stock has a market capitalization of $8.44 billion, a price-to-earnings ratio of 32.28 and a beta of 0.61.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, October 22nd. Investors of record on Monday, October 19th were paid a dividend of $0.1826 per share. This represents a $2.19 annualized dividend and a yield of 11.9%. This is a positive change from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.1767. The ex-dividend date was Monday, October 19th.

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.