Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) Position Trimmed by HF Advisory Group LLC

HF Advisory Group LLC reduced its holdings in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 51.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 67,568 shares of the company’s stock after selling 72,207 shares during the quarter. HF Advisory Group LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $1,231,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. LPL Financial LLC lifted its holdings in Global X Nasdaq 100 Covered Call ETF by 6.4% in the third quarter. LPL Financial LLC now owns 10,773,911 shares of the company’s stock worth $194,361,000 after acquiring an additional 646,364 shares during the last quarter. Global X Japan Co. Ltd. raised its position in shares of Global X Nasdaq 100 Covered Call ETF by 44.2% during the 3rd quarter. Global X Japan Co. Ltd. now owns 4,409,202 shares of the company’s stock worth $79,542,000 after purchasing an additional 1,350,843 shares during the period. Raymond James & Associates lifted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 28.9% in the 3rd quarter. Raymond James & Associates now owns 1,646,710 shares of the company’s stock worth $29,707,000 after purchasing an additional 369,343 shares during the last quarter. Cetera Investment Advisers increased its position in Global X Nasdaq 100 Covered Call ETF by 27.5% in the second quarter. Cetera Investment Advisers now owns 1,475,749 shares of the company’s stock worth $26,076,000 after buying an additional 317,921 shares during the period. Finally, Brookstone Capital Management lifted its stake in Global X Nasdaq 100 Covered Call ETF by 3.0% in the third quarter. Brookstone Capital Management now owns 1,223,939 shares of the company’s stock valued at $22,080,000 after buying an additional 36,070 shares during the last quarter.

Global X Nasdaq 100 Covered Call ETF Stock Performance

Shares of QYLD opened at $18.58 on Friday. Global X Nasdaq 100 Covered Call ETF has a 1 year low of $15.91 and a 1 year high of $18.81. The firm has a fifty day moving average of $18.34 and a 200-day moving average of $18.00. The company has a market cap of $8.66 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 company also recently announced a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were given a $0.3386 dividend. This is a boost from Global X Nasdaq 100 Covered Call ETF’s previous dividend of $0.18. The ex-dividend date of this dividend was Monday, December 30th.

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.