XML Financial LLC Acquires 18,562 Shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

XML Financial LLC boosted its holdings in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 7.2% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 276,700 shares of the company’s stock after purchasing an additional 18,562 shares during the quarter. XML Financial LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $4,992,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Rockport Wealth LLC grew its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 0.9% during the second quarter. Rockport Wealth LLC now owns 65,481 shares of the company’s stock valued at $1,157,000 after buying an additional 561 shares during the last quarter. Prospect Financial Services LLC boosted its stake in Global X Nasdaq 100 Covered Call ETF by 3.5% during the 2nd quarter. Prospect Financial Services LLC now owns 18,581 shares of the company’s stock valued at $328,000 after purchasing an additional 623 shares during the last quarter. Sunbelt Securities Inc. boosted its stake in Global X Nasdaq 100 Covered Call ETF by 4.6% during the 2nd quarter. Sunbelt Securities Inc. now owns 16,013 shares of the company’s stock valued at $283,000 after purchasing an additional 703 shares during the last quarter. Retirement Financial Solutions LLC increased its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 1.8% in the 3rd quarter. Retirement Financial Solutions LLC now owns 40,518 shares of the company’s stock worth $731,000 after purchasing an additional 732 shares in the last quarter. Finally, Vicus Capital raised its stake in shares of Global X Nasdaq 100 Covered Call ETF by 1.3% in the third quarter. Vicus Capital now owns 65,470 shares of the company’s stock worth $1,181,000 after purchasing an additional 819 shares during the last quarter.

Global X Nasdaq 100 Covered Call ETF Price Performance

Shares of NASDAQ:QYLD opened at $18.54 on Friday. Global X Nasdaq 100 Covered Call ETF has a 1 year low of $15.91 and a 1 year high of $18.54. The stock’s fifty day moving average price is $18.03 and its 200-day moving average price is $17.75. The company has a market cap of $8.36 billion, a P/E ratio of 28.58 and a beta of 0.71.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, October 28th. Shareholders of record on Monday, October 21st were paid a dividend of $0.183 per share. The ex-dividend date was Monday, October 21st. This represents a $2.20 annualized dividend and a yield of 11.84%. This is a boost from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.18.

About Global X Nasdaq 100 Covered Call ETF

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.