J.W. Cole Advisors Inc. Decreases Position in Global X Nasdaq 100 Covered Call ETF $QYLD

J.W. Cole Advisors Inc. lowered its stake in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 9.6% during the 3rd quarter, HoldingsChannel reports. The fund owned 946,672 shares of the company’s stock after selling 100,395 shares during the period. J.W. Cole Advisors Inc.’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $16,103,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also added to or reduced their stakes in the business. Rossby Financial LCC bought a new stake in shares of Global X Nasdaq 100 Covered Call ETF in the second quarter worth about $33,000. Physician Wealth Advisors Inc. purchased a new position in shares of Global X Nasdaq 100 Covered Call ETF in the 3rd quarter worth about $35,000. Bayforest Capital Ltd lifted its stake in shares of Global X Nasdaq 100 Covered Call ETF by 192.1% in the third quarter. Bayforest Capital Ltd now owns 2,512 shares of the company’s stock worth $43,000 after buying an additional 1,652 shares in the last quarter. MGB Wealth Management LLC grew its position in Global X Nasdaq 100 Covered Call ETF by 103.0% during the second quarter. MGB Wealth Management LLC now owns 3,045 shares of the company’s stock valued at $51,000 after buying an additional 1,545 shares during the period. Finally, Cape Investment Advisory Inc. increased its stake in shares of Global X Nasdaq 100 Covered Call ETF by 41.7% in the 2nd quarter. Cape Investment Advisory Inc. now owns 3,064 shares of the company’s stock worth $51,000 after purchasing an additional 901 shares in the last quarter.

Global X Nasdaq 100 Covered Call ETF Stock Down 0.9%

Shares of QYLD opened at $17.72 on Wednesday. Global X Nasdaq 100 Covered Call ETF has a 52 week low of $14.48 and a 52 week high of $18.89. The stock has a market cap of $8.30 billion, a price-to-earnings ratio of 32.28 and a beta of 0.65. The business has a 50-day simple moving average of $17.69 and a two-hundred day simple moving average of $17.25.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, January 23rd. Investors of record on Tuesday, January 20th were given a $0.1786 dividend. This is a boost from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.18. This represents a c) annualized dividend and a yield of 12.1%. The ex-dividend date was Tuesday, January 20th.

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.