LPL Financial LLC Buys 312,055 Shares of Global X Nasdaq 100 Covered Call ETF $QYLD

LPL Financial LLC boosted its stake in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 2.8% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,586,603 shares of the company’s stock after purchasing an additional 312,055 shares during the quarter. LPL Financial LLC owned about 2.48% of Global X Nasdaq 100 Covered Call ETF worth $204,735,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. Daiwa Securities Group Inc. boosted its position in Global X Nasdaq 100 Covered Call ETF by 11.9% during the fourth quarter. Daiwa Securities Group Inc. now owns 121,710 shares of the company’s stock worth $2,151,000 after purchasing an additional 12,900 shares during the period. Goldman Sachs Group Inc. acquired a new position in shares of Global X Nasdaq 100 Covered Call ETF during the fourth quarter worth approximately $5,507,000. Resolute Capital LLC acquired a new position in shares of Global X Nasdaq 100 Covered Call ETF during the fourth quarter worth approximately $379,000. ADE LLC acquired a new position in shares of Global X Nasdaq 100 Covered Call ETF during the fourth quarter worth approximately $182,000. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 5.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 206,188 shares of the company’s stock worth $3,643,000 after buying an additional 11,176 shares during the last quarter.

Global X Nasdaq 100 Covered Call ETF Stock Down 0.8%

Shares of QYLD stock opened at $17.85 on Wednesday. The stock has a 50 day moving average of $17.80 and a 200-day moving average of $17.67. The firm has a market cap of $8.27 billion, a PE ratio of 32.28 and a beta of 0.62. Global X Nasdaq 100 Covered Call ETF has a 12 month low of $16.35 and a 12 month high of $18.15.

Global X Nasdaq 100 Covered Call ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Thursday, May 21st. Investors of record on Monday, May 18th were paid a $0.1785 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 12.0%. The ex-dividend date was Monday, May 18th.

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.