International Assets Investment Management LLC Buys 61,392 Shares of Global X Nasdaq 100 Covered Call ETF $QYLD

International Assets Investment Management LLC lifted its stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 14.2% in the third quarter, HoldingsChannel.com reports. The firm owned 493,270 shares of the company’s stock after purchasing an additional 61,392 shares during the quarter. Global X Nasdaq 100 Covered Call ETF comprises 0.6% of International Assets Investment Management LLC’s investment portfolio, making the stock its 25th largest position. International Assets Investment Management LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $8,391,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Bartlett & CO. Wealth Management LLC bought a new stake in shares of Global X Nasdaq 100 Covered Call ETF during the second quarter worth $26,000. Rossby Financial LCC bought a new stake in Global X Nasdaq 100 Covered Call ETF during the 2nd quarter worth about $33,000. Bayforest Capital Ltd raised its holdings in Global X Nasdaq 100 Covered Call ETF by 192.1% during the 3rd quarter. Bayforest Capital Ltd now owns 2,512 shares of the company’s stock worth $43,000 after purchasing an additional 1,652 shares during the last quarter. MGB Wealth Management LLC lifted its position in Global X Nasdaq 100 Covered Call ETF by 103.0% during the 2nd quarter. MGB Wealth Management LLC now owns 3,045 shares of the company’s stock valued at $51,000 after purchasing an additional 1,545 shares during the period. Finally, Cape Investment Advisory Inc. boosted its stake in shares of Global X Nasdaq 100 Covered Call ETF by 41.7% in the 2nd quarter. Cape Investment Advisory Inc. now owns 3,064 shares of the company’s stock valued at $51,000 after purchasing an additional 901 shares during the last quarter.

Global X Nasdaq 100 Covered Call ETF Price Performance

Shares of NASDAQ:QYLD opened at $17.77 on Friday. The stock has a market cap of $8.31 billion, a price-to-earnings ratio of 32.28 and a beta of 0.65. The company has a 50 day moving average of $17.62 and a 200-day moving average of $17.20. Global X Nasdaq 100 Covered Call ETF has a one year low of $14.48 and a one year high of $18.89.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th were given a $0.1786 dividend. The ex-dividend date was Tuesday, January 20th. This represents a c) annualized dividend and a dividend yield of 12.1%. This is an increase from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.18.

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.