Jaffetilchin Investment Partners LLC Cuts Stock Holdings in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Jaffetilchin Investment Partners LLC trimmed its holdings in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 15.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,070 shares of the company’s stock after selling 1,855 shares during the period. Jaffetilchin Investment Partners LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $180,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Allworth Financial LP boosted its position in Global X Nasdaq 100 Covered Call ETF by 379.9% during the fourth quarter. Allworth Financial LP now owns 1,646 shares of the company’s stock valued at $29,000 after buying an additional 1,303 shares during the period. Hexagon Capital Partners LLC boosted its position in Global X Nasdaq 100 Covered Call ETF by 963.5% during the first quarter. Hexagon Capital Partners LLC now owns 2,127 shares of the company’s stock valued at $38,000 after buying an additional 1,927 shares during the period. MCF Advisors LLC purchased a new stake in Global X Nasdaq 100 Covered Call ETF during the first quarter valued at about $49,000. Tower Research Capital LLC TRC boosted its position in Global X Nasdaq 100 Covered Call ETF by 1,913.0% during the fourth quarter. Tower Research Capital LLC TRC now owns 4,026 shares of the company’s stock valued at $70,000 after buying an additional 3,826 shares during the period. Finally, Cape Investment Advisory Inc. boosted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 6,020.5% during the fourth quarter. Cape Investment Advisory Inc. now owns 5,080 shares of the company’s stock worth $88,000 after purchasing an additional 4,997 shares during the period.

Global X Nasdaq 100 Covered Call ETF Stock Performance

Shares of NASDAQ QYLD traded down $0.37 during trading hours on Friday, hitting $16.88. The company’s stock had a trading volume of 10,029,384 shares, compared to its average volume of 4,156,007. The stock has a market cap of $7.91 billion, a price-to-earnings ratio of 28.58 and a beta of 0.71. Global X Nasdaq 100 Covered Call ETF has a 12 month low of $16.25 and a 12 month high of $18.04. The business has a 50-day simple moving average of $17.70 and a 200-day simple moving average of $17.72.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, July 29th. Investors of record on Monday, July 22nd were paid a $0.177 dividend. The ex-dividend date of this dividend was Monday, July 22nd. This is a boost from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.17. This represents a $2.12 annualized dividend and a dividend yield of 12.58%.

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.