Wealth Effects LLC Buys 625 Shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Wealth Effects LLC increased its stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 0.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 71,704 shares of the company’s stock after buying an additional 625 shares during the quarter. Wealth Effects LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $1,306,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in QYLD. Global X Japan Co. Ltd. lifted its stake in Global X Nasdaq 100 Covered Call ETF by 44.2% in the 3rd quarter. Global X Japan Co. Ltd. now owns 4,409,202 shares of the company’s stock valued at $79,542,000 after purchasing an additional 1,350,843 shares during the last quarter. LPL Financial LLC lifted its position in shares of Global X Nasdaq 100 Covered Call ETF by 6.4% in the third quarter. LPL Financial LLC now owns 10,773,911 shares of the company’s stock valued at $194,361,000 after buying an additional 646,364 shares during the last quarter. International Assets Investment Management LLC bought a new position in shares of Global X Nasdaq 100 Covered Call ETF during the 4th quarter worth approximately $7,814,000. Raymond James & Associates raised its stake in Global X Nasdaq 100 Covered Call ETF by 28.9% in the 3rd quarter. Raymond James & Associates now owns 1,646,710 shares of the company’s stock valued at $29,707,000 after acquiring an additional 369,343 shares during the period. Finally, Sound Income Strategies LLC boosted its position in Global X Nasdaq 100 Covered Call ETF by 75.8% during the third quarter. Sound Income Strategies LLC now owns 855,083 shares of the company’s stock worth $15,426,000 after purchasing an additional 368,553 shares during the period.

Global X Nasdaq 100 Covered Call ETF Price Performance

Shares of QYLD opened at $18.27 on Tuesday. The company’s 50-day moving average is $18.35 and its 200-day moving average is $18.03. The firm has a market capitalization of $8.55 billion, a PE ratio of 28.58 and a beta of 0.71. Global X Nasdaq 100 Covered Call ETF has a fifty-two week low of $15.91 and a fifty-two week high of $18.81.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, January 28th. Stockholders of record on Tuesday, January 21st will be issued a dividend of $0.1877 per share. The ex-dividend date is Tuesday, January 21st.

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.