Sigma Planning Corp Reduces Holdings in Global X Nasdaq 100 Covered Call ETF $QYLD

Sigma Planning Corp trimmed its position in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 40.4% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 85,858 shares of the company’s stock after selling 58,167 shares during the quarter. Sigma Planning Corp’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $1,436,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Beam Wealth Advisors Inc. boosted its stake in Global X Nasdaq 100 Covered Call ETF by 49.7% during the second quarter. Beam Wealth Advisors Inc. now owns 78,170 shares of the company’s stock worth $1,307,000 after buying an additional 25,953 shares during the period. Atlas Private Wealth Advisors boosted its stake in Global X Nasdaq 100 Covered Call ETF by 24.4% during the second quarter. Atlas Private Wealth Advisors now owns 1,130,162 shares of the company’s stock worth $18,896,000 after buying an additional 221,469 shares during the period. Creative Financial Designs Inc. ADV boosted its stake in Global X Nasdaq 100 Covered Call ETF by 20.6% during the second quarter. Creative Financial Designs Inc. ADV now owns 7,601 shares of the company’s stock worth $127,000 after buying an additional 1,297 shares during the period. Hicks Capital Management LLC purchased a new stake in shares of Global X Nasdaq 100 Covered Call ETF during the second quarter valued at $176,000. Finally, Kovack Advisors Inc. boosted its stake in shares of Global X Nasdaq 100 Covered Call ETF by 87.1% during the second quarter. Kovack Advisors Inc. now owns 51,735 shares of the company’s stock valued at $865,000 after purchasing an additional 24,083 shares during the period.

Global X Nasdaq 100 Covered Call ETF Trading Up 0.3%

Shares of QYLD opened at $17.45 on Thursday. The firm has a market capitalization of $8.12 billion, a P/E ratio of 32.28 and a beta of 0.65. Global X Nasdaq 100 Covered Call ETF has a 12-month low of $14.48 and a 12-month high of $18.89. The firm has a fifty day moving average price of $17.07 and a 200-day moving average price of $16.74.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The business 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. This represents a c) dividend on an annualized basis and a dividend yield of 11.9%. The ex-dividend date of this dividend was Monday, October 20th.

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.