Bryn Mawr Capital Management LLC Boosts Stock Holdings in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Bryn Mawr Capital Management LLC raised its holdings in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 25.0% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 48,513 shares of the company’s stock after purchasing an additional 9,698 shares during the period. Bryn Mawr Capital Management LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $841,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. J.W. Cole Advisors Inc. increased its position in Global X Nasdaq 100 Covered Call ETF by 5.5% during the 4th quarter. J.W. Cole Advisors Inc. now owns 342,107 shares of the company’s stock valued at $5,932,000 after purchasing an additional 17,821 shares during the period. Prime Capital Investment Advisors LLC increased its position in Global X Nasdaq 100 Covered Call ETF by 5.7% during the 4th quarter. Prime Capital Investment Advisors LLC now owns 13,719 shares of the company’s stock valued at $238,000 after purchasing an additional 740 shares during the period. Allworth Financial LP increased its position in Global X Nasdaq 100 Covered Call ETF by 379.9% during the 4th quarter. Allworth Financial LP now owns 1,646 shares of the company’s stock valued at $29,000 after purchasing an additional 1,303 shares during the period. Raymond James Financial Services Advisors Inc. increased its position in Global X Nasdaq 100 Covered Call ETF by 0.5% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 2,658,150 shares of the company’s stock valued at $46,092,000 after purchasing an additional 12,364 shares during the period. Finally, Envestnet Portfolio Solutions Inc. purchased a new position in Global X Nasdaq 100 Covered Call ETF during the 3rd quarter valued at about $742,000.

Global X Nasdaq 100 Covered Call ETF Stock Performance

NASDAQ QYLD opened at $17.48 on Friday. The company has a market capitalization of $7.98 billion, a price-to-earnings ratio of 29.62 and a beta of 0.71. The company’s 50-day simple moving average is $17.80 and its two-hundred day simple moving average is $17.45. Global X Nasdaq 100 Covered Call ETF has a one year low of $16.25 and a one year high of $18.16.

Global X Nasdaq 100 Covered Call ETF Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Tuesday, April 23rd will be issued a $0.1723 dividend. This represents a $2.07 dividend on an annualized basis and a dividend yield of 11.83%. The ex-dividend date is Monday, April 22nd.

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.