PKS Advisory Services LLC Decreases Stock Position in Global X Nasdaq 100 Covered Call ETF $QYLD

PKS Advisory Services LLC decreased its position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 9.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,559 shares of the company’s stock after selling 4,203 shares during the quarter. PKS Advisory Services LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $678,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in QYLD. Dagco Inc. acquired a new stake in Global X Nasdaq 100 Covered Call ETF during the 1st quarter valued at $25,000. Bartlett & CO. Wealth Management LLC purchased a new position in Global X Nasdaq 100 Covered Call ETF in the 2nd quarter valued at about $26,000. Rossby Financial LCC purchased a new position in Global X Nasdaq 100 Covered Call ETF in the 2nd quarter valued at about $33,000. Salem Investment Counselors Inc. grew its stake in shares of Global X Nasdaq 100 Covered Call ETF by 92.9% during the second quarter. Salem Investment Counselors Inc. now owns 2,700 shares of the company’s stock valued at $45,000 after acquiring an additional 1,300 shares in the last quarter. Finally, Oliver Lagore Vanvalin Investment Group purchased a new stake in shares of Global X Nasdaq 100 Covered Call ETF during the second quarter worth about $49,000.

Global X Nasdaq 100 Covered Call ETF Stock Performance

NASDAQ:QYLD opened at $17.41 on Thursday. The stock has a market cap of $8.10 billion, a price-to-earnings ratio of 32.28 and a beta of 0.65. Global X Nasdaq 100 Covered Call ETF has a one year low of $14.48 and a one year high of $18.89. The business’s 50-day simple moving average is $17.20 and its 200 day simple moving average is $16.82.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

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

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.