Raymond James & Associates Grows Holdings in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Raymond James & Associates boosted its holdings in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 28.9% in the third quarter, HoldingsChannel reports. The fund owned 1,646,710 shares of the company’s stock after acquiring an additional 369,343 shares during the period. Raymond James & Associates’ holdings in Global X Nasdaq 100 Covered Call ETF were worth $29,707,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Hexagon Capital Partners LLC grew its position in Global X Nasdaq 100 Covered Call ETF by 963.5% during the 1st quarter. Hexagon Capital Partners LLC now owns 2,127 shares of the company’s stock valued at $38,000 after purchasing an additional 1,927 shares during the last quarter. Mather Group LLC. purchased a new position in Global X Nasdaq 100 Covered Call ETF in the 2nd quarter worth approximately $39,000. American National Bank bought a new position in Global X Nasdaq 100 Covered Call ETF in the 2nd quarter valued at approximately $41,000. DHJJ Financial Advisors Ltd. boosted its stake in Global X Nasdaq 100 Covered Call ETF by 3,591.0% during the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 2,473 shares of the company’s stock valued at $44,000 after purchasing an additional 2,406 shares during the last quarter. Finally, MCF Advisors LLC bought a new stake in shares of Global X Nasdaq 100 Covered Call ETF in the 1st quarter worth $49,000.

Global X Nasdaq 100 Covered Call ETF Price Performance

Shares of NASDAQ:QYLD opened at $18.02 on Thursday. Global X Nasdaq 100 Covered Call ETF has a 1 year low of $15.91 and a 1 year high of $18.35. The company has a market cap of $8.09 billion, a P/E ratio of 28.58 and a beta of 0.71. The stock’s fifty day moving average price is $17.93 and its 200-day moving average price is $17.71.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, October 28th. Shareholders of record on Monday, October 21st will be paid a dividend of $0.183 per share. The ex-dividend date of this dividend is Monday, October 21st. This represents a $2.20 annualized dividend and a yield of 12.19%. This is a boost from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.18.

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.