Northstar Advisory Group LLC Sells 2,772 Shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Northstar Advisory Group LLC lowered its stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 11.0% in the fourth quarter, Holdings Channel reports. The fund owned 22,519 shares of the company’s stock after selling 2,772 shares during the quarter. Northstar Advisory Group LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $410,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. RMR Wealth Builders bought a new position in Global X Nasdaq 100 Covered Call ETF in the 4th quarter valued at approximately $188,000. Private Client Services LLC bought a new position in shares of Global X Nasdaq 100 Covered Call ETF in the 4th quarter valued at $202,000. International Assets Investment Management LLC acquired a new stake in shares of Global X Nasdaq 100 Covered Call ETF during the 4th quarter valued at $7,814,000. Weaver Consulting Group grew its position in Global X Nasdaq 100 Covered Call ETF by 25.2% during the 4th quarter. Weaver Consulting Group now owns 52,587 shares of the company’s stock worth $958,000 after acquiring an additional 10,600 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in Global X Nasdaq 100 Covered Call ETF by 14.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 382,844 shares of the company’s stock worth $6,907,000 after purchasing an additional 48,618 shares in the last quarter.

Global X Nasdaq 100 Covered Call ETF Stock Down 0.2 %

Global X Nasdaq 100 Covered Call ETF stock traded down $0.03 during trading hours on Monday, hitting $18.18. The stock had a trading volume of 8,366,595 shares, compared to its average volume of 8,346,791. The stock has a market cap of $8.44 billion, a price-to-earnings ratio of 28.58 and a beta of 0.71. The business’s 50 day simple moving average is $18.34 and its 200-day simple moving average is $17.98. Global X Nasdaq 100 Covered Call ETF has a one year low of $15.91 and a one year high of $18.81.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, December 30th were given a dividend of $0.3386 per share. The ex-dividend date was Monday, December 30th. This is an increase from Global X Nasdaq 100 Covered Call ETF’s previous dividend of $0.18.

Global X Nasdaq 100 Covered Call ETF 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.