Signal Advisors Wealth LLC Sells 1,695,566 Shares of Global X Nasdaq 100 Covered Call ETF $QYLD

Signal Advisors Wealth LLC lowered its position in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 96.6% during the third quarter, HoldingsChannel.com reports. The fund owned 59,874 shares of the company’s stock after selling 1,695,566 shares during the quarter. Signal Advisors Wealth LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $1,018,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of QYLD. Bartlett & CO. Wealth Management LLC bought a new stake in shares of Global X Nasdaq 100 Covered Call ETF during the 2nd quarter valued at about $26,000. Rossby Financial LCC bought a new stake in Global X Nasdaq 100 Covered Call ETF in the second quarter worth approximately $33,000. Salem Investment Counselors Inc. lifted its stake in Global X Nasdaq 100 Covered Call ETF by 92.9% in the second quarter. Salem Investment Counselors Inc. now owns 2,700 shares of the company’s stock valued at $45,000 after buying an additional 1,300 shares during the period. Oliver Lagore Vanvalin Investment Group bought a new position in shares of Global X Nasdaq 100 Covered Call ETF during the 2nd quarter worth approximately $49,000. Finally, Cape Investment Advisory Inc. grew its position in shares of Global X Nasdaq 100 Covered Call ETF by 41.7% during the 2nd quarter. Cape Investment Advisory Inc. now owns 3,064 shares of the company’s stock worth $51,000 after buying an additional 901 shares during the period.

Global X Nasdaq 100 Covered Call ETF Stock Up 1.0%

NASDAQ:QYLD opened at $17.76 on Friday. Global X Nasdaq 100 Covered Call ETF has a twelve month low of $14.48 and a twelve month high of $18.89. The company has a fifty day moving average of $17.41 and a 200-day moving average of $17.00. The firm has a market capitalization of $8.27 billion, a P/E ratio of 32.28 and a beta of 0.65.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, December 2nd. Shareholders of record on Monday, November 24th were paid a $0.1728 dividend. This represents a c) annualized dividend and a yield of 11.7%. The ex-dividend date of this dividend was Monday, November 24th.

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.