Cetera Investment Advisers Purchases 937,265 Shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Cetera Investment Advisers increased its position in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 424.9% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,157,828 shares of the company’s stock after buying an additional 937,265 shares during the quarter. Cetera Investment Advisers owned 0.25% of Global X Nasdaq 100 Covered Call ETF worth $20,737,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. DAVENPORT & Co LLC boosted its stake in shares of Global X Nasdaq 100 Covered Call ETF by 15.6% during the 4th quarter. DAVENPORT & Co LLC now owns 18,500 shares of the company’s stock worth $321,000 after buying an additional 2,500 shares during the last quarter. Private Trust Co. NA increased its position in shares of Global X Nasdaq 100 Covered Call ETF by 4.8% during the 4th quarter. Private Trust Co. NA now owns 37,247 shares of the company’s stock worth $646,000 after purchasing an additional 1,700 shares during the last quarter. International Assets Investment Management LLC bought a new stake in shares of Global X Nasdaq 100 Covered Call ETF during the 4th quarter worth approximately $66,617,000. Allworth Financial LP boosted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 379.9% in the 4th quarter. Allworth Financial LP now owns 1,646 shares of the company’s stock valued at $29,000 after buying an additional 1,303 shares during the last quarter. Finally, Prime Capital Investment Advisors LLC grew its stake in shares of Global X Nasdaq 100 Covered Call ETF by 5.7% in the fourth quarter. Prime Capital Investment Advisors LLC now owns 13,719 shares of the company’s stock valued at $238,000 after buying an additional 740 shares in the last quarter.

Global X Nasdaq 100 Covered Call ETF Price Performance

NASDAQ QYLD traded down $0.34 during trading on Friday, reaching $16.91. 13,567,225 shares of the company’s stock were exchanged, compared to its average volume of 4,179,592. The business has a 50 day moving average price of $17.68 and a 200-day moving average price of $17.72. The stock has a market capitalization of $7.92 billion, a P/E ratio of 28.58 and a beta of 0.71. Global X Nasdaq 100 Covered Call ETF has a fifty-two week low of $16.25 and a fifty-two week high of $18.04.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, July 29th. Investors of record on Monday, July 22nd were issued a dividend of $0.177 per share. The ex-dividend date of this dividend was Monday, July 22nd. This is a positive change from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.17. This represents a $2.12 dividend on an annualized basis and a dividend yield of 12.56%.

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.