Global X Nasdaq 100 Covered Call ETF $QYLD Shares Sold by Atlas Private Wealth Advisors

Atlas Private Wealth Advisors cut its stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 52.4% during the 3rd quarter, HoldingsChannel reports. The firm owned 537,468 shares of the company’s stock after selling 592,694 shares during the quarter. Global X Nasdaq 100 Covered Call ETF accounts for about 2.2% of Atlas Private Wealth Advisors’ portfolio, making the stock its 19th largest position. Atlas Private Wealth Advisors’ holdings in Global X Nasdaq 100 Covered Call ETF were worth $9,142,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of QYLD. Global X Japan Co. Ltd. raised its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 15.2% during the 3rd quarter. Global X Japan Co. Ltd. now owns 13,275,162 shares of the company’s stock valued at $225,811,000 after buying an additional 1,752,324 shares during the period. Ameriprise Financial Inc. boosted its holdings in Global X Nasdaq 100 Covered Call ETF by 22.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,161,576 shares of the company’s stock worth $52,883,000 after acquiring an additional 571,203 shares during the period. CWM LLC grew its position in Global X Nasdaq 100 Covered Call ETF by 4.1% in the second quarter. CWM LLC now owns 2,635,875 shares of the company’s stock valued at $44,072,000 after acquiring an additional 104,744 shares in the last quarter. Cetera Investment Advisers grew its position in Global X Nasdaq 100 Covered Call ETF by 7.9% in the second quarter. Cetera Investment Advisers now owns 1,486,807 shares of the company’s stock valued at $24,859,000 after acquiring an additional 108,720 shares in the last quarter. Finally, Brookstone Capital Management raised its stake in shares of Global X Nasdaq 100 Covered Call ETF by 8.9% during the second quarter. Brookstone Capital Management now owns 1,423,652 shares of the company’s stock valued at $23,803,000 after purchasing an additional 116,194 shares during the period.

Global X Nasdaq 100 Covered Call ETF Trading Down 0.3%

NASDAQ QYLD opened at $17.79 on Friday. The stock has a market cap of $8.35 billion, a P/E ratio of 32.28 and a beta of 0.65. The company’s fifty day simple moving average is $17.67 and its 200-day simple moving average is $17.23. Global X Nasdaq 100 Covered Call ETF has a 52 week low of $14.48 and a 52 week high of $18.89.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th were issued a $0.1786 dividend. The ex-dividend date was Tuesday, January 20th. This represents a c) dividend on an annualized basis and a yield of 12.0%. This is an increase from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.18.

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.