Turner Financial Group Inc. Takes $746,000 Position in Global X Nasdaq 100 Covered Call ETF $QYLD

Turner Financial Group Inc. purchased a new stake in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 40,498 shares of the company’s stock, valued at approximately $746,000. Global X Nasdaq 100 Covered Call ETF accounts for approximately 0.7% of Turner Financial Group Inc.’s holdings, making the stock its 28th biggest position.

A number of other institutional investors also recently bought and sold shares of QYLD. IMC Chicago LLC lifted its holdings in Global X Nasdaq 100 Covered Call ETF by 469.0% in the first quarter. IMC Chicago LLC now owns 1,295,978 shares of the company’s stock worth $22,226,000 after buying an additional 1,068,210 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 485.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,141,127 shares of the company’s stock worth $20,164,000 after acquiring an additional 946,115 shares during the period. Foguth Wealth Management LLC. grew its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 67.4% during the 1st quarter. Foguth Wealth Management LLC. now owns 2,083,167 shares of the company’s stock worth $37,664,000 after acquiring an additional 838,503 shares during the period. Proficio Capital Partners LLC bought a new position in shares of Global X Nasdaq 100 Covered Call ETF in the 2nd quarter worth approximately $12,233,000. Finally, Ameriprise Financial Inc. grew its stake in Global X Nasdaq 100 Covered Call ETF by 22.1% in the second quarter. Ameriprise Financial Inc. now owns 3,161,576 shares of the company’s stock worth $52,883,000 after purchasing an additional 571,203 shares during the period.

Global X Nasdaq 100 Covered Call ETF Trading Up 0.2%

Shares of Global X Nasdaq 100 Covered Call ETF stock opened at $18.36 on Friday. Global X Nasdaq 100 Covered Call ETF has a 12 month low of $16.63 and a 12 month high of $18.54. The firm has a market capitalization of $8.36 billion, a P/E ratio of 32.28 and a beta of 0.62. The business has a fifty day simple moving average of $18.08 and a two-hundred day simple moving average of $17.86.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, August 27th. Investors of record on Monday, August 24th were given a dividend of $0.1829 per share. This is an increase from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.18. The ex-dividend date of this dividend was Monday, August 24th. This represents a c) dividend on an annualized basis and a yield of 12.0%.

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.