Sims Investment Management LLC Buys 61,657 Shares of Global X Nasdaq 100 Covered Call ETF $QYLD

Sims Investment Management LLC increased its position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 6.0% in the third quarter, Holdings Channel reports. The firm owned 1,090,655 shares of the company’s stock after purchasing an additional 61,657 shares during the quarter. Global X Nasdaq 100 Covered Call ETF accounts for 6.7% of Sims Investment Management LLC’s holdings, making the stock its 3rd biggest holding. Sims Investment Management LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $18,552,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Global Retirement Partners LLC increased its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 44.2% in the 3rd quarter. Global Retirement Partners LLC now owns 105,408 shares of the company’s stock valued at $1,793,000 after acquiring an additional 32,307 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in Global X Nasdaq 100 Covered Call ETF in the third quarter worth $173,000. Brookwood Investment Group LLC boosted its holdings in Global X Nasdaq 100 Covered Call ETF by 71.3% in the third quarter. Brookwood Investment Group LLC now owns 72,134 shares of the company’s stock worth $1,227,000 after purchasing an additional 30,022 shares during the period. Sax Wealth Advisors LLC increased its stake in Global X Nasdaq 100 Covered Call ETF by 10.9% during the third quarter. Sax Wealth Advisors LLC now owns 23,895 shares of the company’s stock valued at $406,000 after purchasing an additional 2,356 shares during the last quarter. Finally, Encompass More Asset Management raised its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 6.3% during the third quarter. Encompass More Asset Management now owns 14,973 shares of the company’s stock worth $255,000 after purchasing an additional 884 shares during the period.

Global X Nasdaq 100 Covered Call ETF Stock Performance

Global X Nasdaq 100 Covered Call ETF stock opened at $17.68 on Friday. Global X Nasdaq 100 Covered Call ETF has a 1 year low of $14.48 and a 1 year high of $18.89. The firm’s 50-day moving average is $17.51 and its 200-day moving average is $17.08. The company has a market cap of $8.24 billion, a P/E ratio of 32.28 and a beta of 0.65.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Monday, December 22nd were issued a $0.1779 dividend. This is an increase from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.17. This represents a c) dividend on an annualized basis and a yield of 12.1%. The ex-dividend date of this dividend was Monday, December 22nd.

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.