Vanguard Capital Wealth Advisors Sells 197,962 Shares of Global X Nasdaq 100 Covered Call ETF $QYLD

Vanguard Capital Wealth Advisors lessened its position in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 90.7% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 20,268 shares of the company’s stock after selling 197,962 shares during the quarter. Vanguard Capital Wealth Advisors’ holdings in Global X Nasdaq 100 Covered Call ETF were worth $374,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in QYLD. IMC Chicago LLC raised its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 469.0% during the 1st quarter. IMC Chicago LLC now owns 1,295,978 shares of the company’s stock worth $22,226,000 after acquiring an additional 1,068,210 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Global X Nasdaq 100 Covered Call ETF by 485.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,141,127 shares of the company’s stock valued at $20,164,000 after acquiring an additional 946,115 shares during the last quarter. Foguth Wealth Management LLC. grew its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 67.4% in the first quarter. Foguth Wealth Management LLC. now owns 2,083,167 shares of the company’s stock valued at $37,664,000 after purchasing an additional 838,503 shares in the last quarter. Proficio Capital Partners LLC purchased a new position in shares of Global X Nasdaq 100 Covered Call ETF in the second quarter valued at $12,233,000. Finally, Ameriprise Financial Inc. increased its position in Global X Nasdaq 100 Covered Call ETF by 22.1% in the second quarter. Ameriprise Financial Inc. now owns 3,161,576 shares of the company’s stock worth $52,883,000 after purchasing an additional 571,203 shares during the last quarter.

Global X Nasdaq 100 Covered Call ETF Stock Down 0.6%

Global X Nasdaq 100 Covered Call ETF stock opened at $18.17 on Wednesday. The company has a market cap of $8.28 billion, a price-to-earnings ratio of 32.28 and a beta of 0.62. The firm’s fifty day moving average is $18.05 and its 200 day moving average is $17.84. Global X Nasdaq 100 Covered Call ETF has a 52-week low of $16.42 and a 52-week high of $18.54.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, August 27th. Stockholders of record on Monday, August 24th were issued a $0.1829 dividend. This is a boost from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.18. The ex-dividend date was Monday, August 24th. This represents a c) dividend on an annualized basis and a dividend yield of 12.1%.

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.