Global X Nasdaq 100 Covered Call ETF $QYLD Shares Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. increased its position in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 485.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,141,127 shares of the company’s stock after purchasing an additional 946,115 shares during the period. Northwestern Mutual Wealth Management Co. owned 0.24% of Global X Nasdaq 100 Covered Call ETF worth $20,164,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Foguth Wealth Management LLC. purchased a new stake in shares of Global X Nasdaq 100 Covered Call ETF in the fourth quarter valued at about $22,006,000. Ameriprise Financial Inc. raised its holdings in shares of 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 valued at $52,883,000 after buying an additional 571,203 shares during the last quarter. Beta Wealth Group Inc. purchased a new stake in shares of Global X Nasdaq 100 Covered Call ETF in the third quarter valued at about $9,079,000. IMC Chicago LLC purchased a new stake in shares of Global X Nasdaq 100 Covered Call ETF in the third quarter valued at about $8,397,000. Finally, Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 189.8% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 753,085 shares of the company’s stock valued at $12,810,000 after buying an additional 493,200 shares during the last quarter.

Global X Nasdaq 100 Covered Call ETF Stock Performance

Shares of NASDAQ:QYLD opened at $17.65 on Wednesday. The company has a 50-day simple moving average of $17.62 and a 200-day simple moving average of $17.61. Global X Nasdaq 100 Covered Call ETF has a one year low of $16.02 and a one year high of $18.15. The stock has a market capitalization of $8.17 billion, a price-to-earnings ratio of 32.28 and a beta of 0.63.

Global X Nasdaq 100 Covered Call ETF Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Thursday, May 21st. Stockholders of record on Monday, May 18th will be issued a $0.1785 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 12.1%. The ex-dividend date of this dividend is Monday, May 18th.

Global X Nasdaq 100 Covered Call ETF Company 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.