Reliant Wealth Planning Invests $270,000 in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Reliant Wealth Planning purchased a new stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 15,304 shares of the company’s stock, valued at approximately $270,000. Global X Nasdaq 100 Covered Call ETF comprises 0.1% of Reliant Wealth Planning’s holdings, making the stock its 22nd biggest holding.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Raymond James Financial Services Advisors Inc. lifted its stake in shares of Global X Nasdaq 100 Covered Call ETF by 10.6% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 2,939,089 shares of the company’s stock valued at $52,639,000 after acquiring an additional 280,939 shares during the period. Centaurus Financial Inc. boosted its stake in shares of Global X Nasdaq 100 Covered Call ETF by 35.5% in the 4th quarter. Centaurus Financial Inc. now owns 1,967,288 shares of the company’s stock valued at $34,113,000 after purchasing an additional 515,332 shares during the last quarter. Osaic Holdings Inc. grew its position in shares of Global X Nasdaq 100 Covered Call ETF by 5.0% during the 1st quarter. Osaic Holdings Inc. now owns 1,939,585 shares of the company’s stock worth $34,741,000 after buying an additional 91,803 shares during the period. Raymond James & Associates raised its stake in shares of Global X Nasdaq 100 Covered Call ETF by 9.8% during the first quarter. Raymond James & Associates now owns 1,483,416 shares of the company’s stock worth $26,568,000 after buying an additional 132,357 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. lifted its holdings in Global X Nasdaq 100 Covered Call ETF by 13.0% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 1,265,096 shares of the company’s stock valued at $21,937,000 after buying an additional 145,770 shares during the period.

Global X Nasdaq 100 Covered Call ETF Price Performance

Shares of Global X Nasdaq 100 Covered Call ETF stock traded up $0.10 on Friday, hitting $16.99. 5,338,019 shares of the company’s stock traded hands, compared to its average volume of 4,328,417. The firm’s 50-day moving average price is $17.60 and its two-hundred day moving average price is $17.69. The stock has a market capitalization of $7.96 billion, a PE ratio of 28.58 and a beta of 0.71. Global X Nasdaq 100 Covered Call ETF has a one year low of $15.91 and a one year high of $18.04.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, July 29th. Investors of record on Monday, July 22nd were issued a $0.177 dividend. This represents a $2.12 dividend on an annualized basis and a yield of 12.50%. The ex-dividend date was Monday, July 22nd. This is an increase from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.17.

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.