Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) Hits New 12-Month High at $18.05

Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) shares hit a new 52-week high on Tuesday . The stock traded as high as $18.05 and last traded at $18.02, with a volume of 350871 shares. The stock had previously closed at $17.99.

Global X Nasdaq 100 Covered Call ETF Price Performance

The firm has a market cap of $8.45 billion, a price-to-earnings ratio of 28.58 and a beta of 0.71. The firm’s 50 day moving average price is $17.57 and its two-hundred day moving average price is $17.67.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, August 26th. Shareholders of record on Monday, August 19th were paid a $0.179 dividend. This is an increase from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.18. This represents a $2.15 annualized dividend and a dividend yield of 11.90%. The ex-dividend date of this dividend was Monday, August 19th.

Institutional Investors Weigh In On Global X Nasdaq 100 Covered Call ETF

Large investors have recently modified their holdings of the stock. Hexagon Capital Partners LLC grew its position in Global X Nasdaq 100 Covered Call ETF by 963.5% in the 1st quarter. Hexagon Capital Partners LLC now owns 2,127 shares of the company’s stock valued at $38,000 after buying an additional 1,927 shares during the last quarter. Mather Group LLC. acquired a new stake in shares of Global X Nasdaq 100 Covered Call ETF in the 2nd quarter worth $39,000. American National Bank purchased a new stake in shares of Global X Nasdaq 100 Covered Call ETF in the second quarter valued at about $41,000. DHJJ Financial Advisors Ltd. increased its stake in shares of Global X Nasdaq 100 Covered Call ETF by 3,591.0% during the second quarter. DHJJ Financial Advisors Ltd. now owns 2,473 shares of the company’s stock worth $44,000 after acquiring an additional 2,406 shares during the period. Finally, MCF Advisors LLC purchased a new position in Global X Nasdaq 100 Covered Call ETF during the first quarter worth about $49,000.

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.