Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) Sets New 12-Month High – What’s Next?

Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)’s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $18.54 and last traded at $18.52, with a volume of 5313018 shares. The stock had previously closed at $18.30.

Global X Nasdaq 100 Covered Call ETF Price Performance

The company’s 50 day moving average price is $18.09 and its two-hundred day moving average price is $17.90. The stock has a market capitalization of $8.44 billion, a PE ratio of 32.28 and a beta of 0.62.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, August 27th. Shareholders of record on Monday, August 24th were issued a $0.1829 dividend. This represents a c) dividend on an annualized basis and a yield of 11.9%. The ex-dividend date was Monday, August 24th. This is a positive change from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.18.

Institutional Investors Weigh In On Global X Nasdaq 100 Covered Call ETF

A number of large investors have recently made changes to their positions in the stock. Matrix Private Capital Group LLC purchased a new position in Global X Nasdaq 100 Covered Call ETF during the first quarter worth approximately $27,000. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of Global X Nasdaq 100 Covered Call ETF by 152.2% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,513 shares of the company’s stock worth $28,000 after acquiring an additional 913 shares during the last quarter. SHP Wealth Management acquired a new stake in shares of Global X Nasdaq 100 Covered Call ETF in the 4th quarter worth $31,000. CoreCap Advisors LLC raised its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 231.0% during the 2nd quarter. CoreCap Advisors LLC now owns 5,478 shares of the company’s stock worth $101,000 after acquiring an additional 3,823 shares during the period. Finally, Green Ridge Wealth Planning LLC acquired a new position in shares of Global X Nasdaq 100 Covered Call ETF during the 4th quarter valued at about $181,000.

Global X Nasdaq 100 Covered Call ETF Company 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.