Essential Investment Partners LLC Makes New Investment in Global X Nasdaq 100 Covered Call ETF $QYLD

Essential Investment Partners LLC bought a new position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) during the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 30,954 shares of the company’s stock, valued at approximately $574,000.

Other hedge funds also recently added to or reduced their stakes in the company. TopTier Wealth Management LLC boosted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 2.7% during the third quarter. TopTier Wealth Management LLC now owns 20,489 shares of the company’s stock valued at $380,000 after acquiring an additional 542 shares during the period. City Center Advisors LLC increased its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 1.7% in the 2nd quarter. City Center Advisors LLC now owns 32,146 shares of the company’s stock worth $592,000 after acquiring an additional 552 shares during the period. Columbia Advisory Partners LLC lifted its position in Global X Nasdaq 100 Covered Call ETF by 6.0% in the 1st quarter. Columbia Advisory Partners LLC now owns 11,860 shares of the company’s stock valued at $203,000 after purchasing an additional 668 shares during the last quarter. Apella Capital LLC lifted its position in Global X Nasdaq 100 Covered Call ETF by 1.2% in the 3rd quarter. Apella Capital LLC now owns 57,783 shares of the company’s stock valued at $1,079,000 after purchasing an additional 701 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC lifted its position in Global X Nasdaq 100 Covered Call ETF by 1.4% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 56,782 shares of the company’s stock valued at $1,046,000 after purchasing an additional 777 shares during the last quarter.

Global X Nasdaq 100 Covered Call ETF Stock Up 0.4%

Global X Nasdaq 100 Covered Call ETF stock opened at $18.45 on Thursday. Global X Nasdaq 100 Covered Call ETF has a 52-week low of $16.63 and a 52-week high of $18.76. The firm has a market capitalization of $8.44 billion, a price-to-earnings ratio of 32.28 and a beta of 0.61. The firm has a 50-day moving average price of $18.41 and a two-hundred day moving average price of $17.96.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, October 22nd. Stockholders of record on Monday, October 19th were issued a dividend of $0.1826 per share. This represents a $2.19 dividend on an annualized basis and a dividend yield of 11.9%. This is a boost from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.1767. The ex-dividend date of this dividend was Monday, October 19th.

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.