RiverFront Investment Group LLC Buys 22,064 Shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

RiverFront Investment Group LLC increased its position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 29.3% in the 4th quarter, Holdings Channel reports. The firm owned 97,427 shares of the company’s stock after buying an additional 22,064 shares during the quarter. RiverFront Investment Group LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $1,775,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in QYLD. Raymond James Financial Inc. bought a new position in shares of Global X Nasdaq 100 Covered Call ETF in the fourth quarter worth about $72,550,000. LPL Financial LLC raised its position in Global X Nasdaq 100 Covered Call ETF by 13.7% in the 4th quarter. LPL Financial LLC now owns 12,248,780 shares of the company’s stock worth $223,173,000 after purchasing an additional 1,474,869 shares during the last quarter. Global X Japan Co. Ltd. lifted its holdings in Global X Nasdaq 100 Covered Call ETF by 22.8% during the 4th quarter. Global X Japan Co. Ltd. now owns 5,414,274 shares of the company’s stock worth $98,648,000 after buying an additional 1,005,072 shares in the last quarter. Sims Investment Management LLC bought a new position in Global X Nasdaq 100 Covered Call ETF in the 4th quarter valued at $13,764,000. Finally, SBI Securities Co. Ltd. acquired a new stake in shares of Global X Nasdaq 100 Covered Call ETF in the 4th quarter valued at $10,444,000.

Global X Nasdaq 100 Covered Call ETF Price Performance

QYLD opened at $16.62 on Friday. Global X Nasdaq 100 Covered Call ETF has a fifty-two week low of $15.91 and a fifty-two week high of $18.89. The company has a market cap of $7.85 billion, a price-to-earnings ratio of 30.84 and a beta of 0.71. The firm has a 50 day simple moving average of $17.90 and a 200 day simple moving average of $18.12.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 24th will be issued a dividend of $0.1703 per share. The ex-dividend date is Monday, March 24th. This is a boost from Global X Nasdaq 100 Covered Call ETF’s previous dividend of $0.17.

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.