Good Life Advisors LLC Acquires 56,855 Shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Good Life Advisors LLC increased its stake in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 128.8% during the third quarter, HoldingsChannel reports. The institutional investor owned 100,982 shares of the company’s stock after buying an additional 56,855 shares during the quarter. Good Life Advisors LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $1,822,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Hexagon Capital Partners LLC grew its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 963.5% during the 1st quarter. Hexagon Capital Partners LLC now owns 2,127 shares of the company’s stock worth $38,000 after purchasing an additional 1,927 shares in the last quarter. Mather Group LLC. bought a new position in Global X Nasdaq 100 Covered Call ETF in the 2nd quarter valued at about $39,000. American National Bank acquired a new position in shares of Global X Nasdaq 100 Covered Call ETF in the 2nd quarter valued at approximately $41,000. DHJJ Financial Advisors Ltd. lifted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 3,591.0% during the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 2,473 shares of the company’s stock worth $44,000 after acquiring an additional 2,406 shares during the period. Finally, MCF Advisors LLC acquired a new stake in shares of Global X Nasdaq 100 Covered Call ETF during the 1st quarter worth approximately $49,000.

Global X Nasdaq 100 Covered Call ETF Price Performance

Shares of NASDAQ:QYLD opened at $18.21 on Friday. Global X Nasdaq 100 Covered Call ETF has a 1 year low of $15.91 and a 1 year high of $18.25. The stock has a market capitalization of $8.17 billion, a price-to-earnings ratio of 28.58 and a beta of 0.71. The company’s 50 day simple moving average is $17.86 and its 200 day simple moving average is $17.70.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 23rd were issued a dividend of $0.181 per share. The ex-dividend date was Monday, September 23rd. This represents a $2.17 dividend on an annualized basis and a dividend yield of 11.93%. This is a boost from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.18.

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.