Flaharty Asset Management LLC Buys Shares of 113,974 Global X Nasdaq 100 Covered Call ETF $QYLD

Flaharty Asset Management LLC purchased a new position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 113,974 shares of the company’s stock, valued at approximately $1,939,000.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Bartlett & CO. Wealth Management LLC bought a new position in Global X Nasdaq 100 Covered Call ETF in the second quarter worth about $26,000. Rossby Financial LCC purchased a new position in shares of Global X Nasdaq 100 Covered Call ETF in the 2nd quarter worth approximately $33,000. Bayforest Capital Ltd raised its stake in shares of Global X Nasdaq 100 Covered Call ETF by 192.1% during the 3rd quarter. Bayforest Capital Ltd now owns 2,512 shares of the company’s stock worth $43,000 after acquiring an additional 1,652 shares in the last quarter. MGB Wealth Management LLC raised its stake in shares of Global X Nasdaq 100 Covered Call ETF by 103.0% during the 2nd quarter. MGB Wealth Management LLC now owns 3,045 shares of the company’s stock worth $51,000 after acquiring an additional 1,545 shares in the last quarter. Finally, Cape Investment Advisory Inc. lifted its position in Global X Nasdaq 100 Covered Call ETF by 41.7% during the second quarter. Cape Investment Advisory Inc. now owns 3,064 shares of the company’s stock valued at $51,000 after acquiring an additional 901 shares during the last quarter.

Global X Nasdaq 100 Covered Call ETF Stock Down 0.3%

Shares of QYLD opened at $17.79 on Friday. The company has a 50 day moving average of $17.67 and a two-hundred day moving average of $17.23. 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 market cap of $8.35 billion, a price-to-earnings ratio of 32.28 and a beta of 0.65.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

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

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.