Howard Capital Management Inc. Grows Stock Holdings in Global X Nasdaq 100 Covered Call ETF $QYLD

Howard Capital Management Inc. increased its stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 25.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 471,875 shares of the company’s stock after purchasing an additional 96,014 shares during the quarter. Howard Capital Management Inc.’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $7,890,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in QYLD. Crossmark Global Holdings Inc. purchased a new position in shares of Global X Nasdaq 100 Covered Call ETF in the 1st quarter worth $177,000. OneDigital Investment Advisors LLC bought a new position in Global X Nasdaq 100 Covered Call ETF in the first quarter valued at about $167,000. Accurate Wealth Management LLC purchased a new position in Global X Nasdaq 100 Covered Call ETF in the second quarter worth about $172,000. Farther Finance Advisors LLC grew its stake in shares of Global X Nasdaq 100 Covered Call ETF by 105.3% during the 2nd quarter. Farther Finance Advisors LLC now owns 35,082 shares of the company’s stock valued at $587,000 after purchasing an additional 17,995 shares during the period. Finally, Independent Wealth Network Inc. increased its position in shares of Global X Nasdaq 100 Covered Call ETF by 36.3% during the 2nd quarter. Independent Wealth Network Inc. now owns 103,269 shares of the company’s stock valued at $1,727,000 after purchasing an additional 27,502 shares during the last quarter.

Global X Nasdaq 100 Covered Call ETF Stock Up 0.4%

Shares of NASDAQ:QYLD opened at $17.42 on Tuesday. The stock has a market capitalization of $8.15 billion, a PE ratio of 32.28 and a beta of 0.65. The firm’s 50 day moving average price is $16.95 and its 200-day moving average price is $16.68. Global X Nasdaq 100 Covered Call ETF has a twelve month low of $14.48 and a twelve month high of $18.89.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, October 27th. Shareholders of record on Monday, October 20th were given a $0.1731 dividend. The ex-dividend date was Monday, October 20th. This is a boost from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.17. This represents a c) annualized dividend and a yield of 11.9%.

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.