Goldstone Financial Group LLC Invests $973,000 in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Goldstone Financial Group LLC acquired a new stake in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) during the third quarter, Holdings Channel reports. The institutional investor acquired 53,939 shares of the company’s stock, valued at approximately $973,000.

Other hedge funds have also recently made changes to their positions in the company. LPL Financial LLC grew its stake in Global X Nasdaq 100 Covered Call ETF by 8.8% during the 2nd quarter. LPL Financial LLC now owns 10,127,547 shares of the company’s stock valued at $178,954,000 after purchasing an additional 815,034 shares during the last quarter. Global X Japan Co. Ltd. boosted its position in Global X Nasdaq 100 Covered Call ETF by 44.2% in the third quarter. Global X Japan Co. Ltd. now owns 4,409,202 shares of the company’s stock valued at $79,542,000 after buying an additional 1,350,843 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its holdings in Global X Nasdaq 100 Covered Call ETF by 9.7% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 3,222,743 shares of the company’s stock worth $56,946,000 after buying an additional 283,654 shares during the period. Osaic Holdings Inc. raised its position in 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 last quarter. Finally, Raymond James & Associates lifted its stake in Global X Nasdaq 100 Covered Call ETF by 28.9% during the 3rd quarter. Raymond James & Associates now owns 1,646,710 shares of the company’s stock valued at $29,707,000 after acquiring an additional 369,343 shares during the period.

Global X Nasdaq 100 Covered Call ETF Price Performance

NASDAQ:QYLD opened at $18.21 on Thursday. The company’s fifty day moving average price is $17.97 and its 200-day moving average price is $17.72. Global X Nasdaq 100 Covered Call ETF has a 1-year low of $15.91 and a 1-year high of $18.35. The firm has a market capitalization of $8.21 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 declared a monthly dividend, which was paid on Monday, October 28th. Shareholders of record on Monday, October 21st were given a dividend of $0.183 per share. This is an increase from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.18. This represents a $2.20 annualized dividend and a yield of 12.06%. The ex-dividend date was Monday, October 21st.

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.