Lion Street Advisors LLC Invests $286,000 in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Lion Street Advisors LLC acquired a new stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) during the third quarter, Holdings Channel.com reports. The fund acquired 15,832 shares of the company’s stock, valued at approximately $286,000.

Several other institutional investors have also added to or reduced their stakes in the company. Hexagon Capital Partners LLC grew its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 963.5% during the 1st quarter. Hexagon Capital Partners LLC now owns 2,127 shares of the company’s stock valued at $38,000 after purchasing an additional 1,927 shares during the last quarter. Mather Group LLC. bought a new stake in shares of Global X Nasdaq 100 Covered Call ETF during the second quarter worth $39,000. American National Bank bought a new stake in shares of Global X Nasdaq 100 Covered Call ETF during the second quarter worth $41,000. DHJJ Financial Advisors Ltd. lifted its stake in shares of Global X Nasdaq 100 Covered Call ETF by 3,591.0% in the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 2,473 shares of the company’s stock valued at $44,000 after acquiring an additional 2,406 shares during the last quarter. Finally, MCF Advisors LLC acquired a new stake in shares of Global X Nasdaq 100 Covered Call ETF during the 1st quarter valued at $49,000.

Global X Nasdaq 100 Covered Call ETF Price Performance

Global X Nasdaq 100 Covered Call ETF stock opened at $18.21 on Friday. The company has a market capitalization of $8.18 billion, a P/E ratio of 28.58 and a beta of 0.71. The business has a 50 day moving average of $17.73 and a 200-day moving average of $17.69. Global X Nasdaq 100 Covered Call ETF has a 1 year low of $15.91 and a 1 year high of $18.21.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, September 30th. Investors of record on Monday, September 23rd were issued a $0.181 dividend. The ex-dividend date was Monday, September 23rd. This is a boost from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.18. This represents a $2.17 annualized dividend and a yield of 11.93%.

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.