Brookstone Capital Management Sells 40,899 Shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Brookstone Capital Management cut its position in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 3.3% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,187,869 shares of the company’s stock after selling 40,899 shares during the quarter. Brookstone Capital Management owned about 0.26% of Global X Nasdaq 100 Covered Call ETF worth $21,251,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. SRS Capital Advisors Inc. boosted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 4.2% during the 4th quarter. SRS Capital Advisors Inc. now owns 14,671 shares of the company’s stock valued at $254,000 after buying an additional 592 shares in the last quarter. Prospect Financial Services LLC boosted its stake in Global X Nasdaq 100 Covered Call ETF by 3.5% during the second quarter. Prospect Financial Services LLC now owns 18,581 shares of the company’s stock worth $328,000 after acquiring an additional 623 shares in the last quarter. Chase Investment Counsel Corp boosted its stake in Global X Nasdaq 100 Covered Call ETF by 1.7% during the fourth quarter. Chase Investment Counsel Corp now owns 42,507 shares of the company’s stock worth $737,000 after acquiring an additional 701 shares in the last quarter. StoneX Group Inc. grew its holdings in Global X Nasdaq 100 Covered Call ETF by 4.1% in the first quarter. StoneX Group Inc. now owns 21,204 shares of the company’s stock worth $380,000 after purchasing an additional 835 shares during the period. Finally, Onyx Bridge Wealth Group LLC increased its stake in shares of Global X Nasdaq 100 Covered Call ETF by 3.0% during the fourth quarter. Onyx Bridge Wealth Group LLC now owns 28,782 shares of the company’s stock valued at $499,000 after purchasing an additional 848 shares in the last quarter.

Global X Nasdaq 100 Covered Call ETF Stock Up 0.2 %

Shares of QYLD stock traded up $0.03 during trading hours on Friday, hitting $17.92. 5,082,559 shares of the company’s stock traded hands, compared to its average volume of 4,363,922. The stock’s fifty day simple moving average is $17.58 and its two-hundred day simple moving average is $17.68. Global X Nasdaq 100 Covered Call ETF has a 12-month low of $15.91 and a 12-month high of $18.04. The stock has a market cap of $8.39 billion, a price-to-earnings ratio of 28.58 and a beta of 0.71.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, July 29th. Shareholders of record on Monday, July 22nd were paid a dividend of $0.177 per share. This is a boost from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.17. The ex-dividend date was Monday, July 22nd. This represents a $2.12 dividend on an annualized basis and a yield of 11.85%.

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.