RDA Financial Network Reduces Stock Position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

RDA Financial Network cut its stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 4.8% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 129,949 shares of the company’s stock after selling 6,620 shares during the quarter. RDA Financial Network’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $2,368,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in QYLD. Rockport Wealth LLC grew its holdings in Global X Nasdaq 100 Covered Call ETF by 0.9% during the 2nd quarter. Rockport Wealth LLC now owns 65,481 shares of the company’s stock valued at $1,157,000 after buying an additional 561 shares in the last quarter. First Heartland Consultants Inc. boosted its position in shares of Global X Nasdaq 100 Covered Call ETF by 3.7% in the third quarter. First Heartland Consultants Inc. now owns 15,777 shares of the company’s stock valued at $285,000 after acquiring an additional 567 shares during the period. Sunbelt Securities Inc. grew its stake in Global X Nasdaq 100 Covered Call ETF by 4.6% during the second quarter. Sunbelt Securities Inc. now owns 16,013 shares of the company’s stock valued at $283,000 after acquiring an additional 703 shares in the last quarter. Signature Estate & Investment Advisors LLC increased its holdings in Global X Nasdaq 100 Covered Call ETF by 1.4% during the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 54,617 shares of the company’s stock worth $985,000 after acquiring an additional 731 shares during the period. Finally, Retirement Financial Solutions LLC lifted its stake in Global X Nasdaq 100 Covered Call ETF by 1.8% in the 3rd quarter. Retirement Financial Solutions LLC now owns 40,518 shares of the company’s stock worth $731,000 after purchasing an additional 732 shares in the last quarter.

Global X Nasdaq 100 Covered Call ETF Price Performance

Shares of NASDAQ:QYLD opened at $18.48 on Friday. The company has a market cap of $8.62 billion, a price-to-earnings ratio of 28.58 and a beta of 0.71. Global X Nasdaq 100 Covered Call ETF has a one year low of $15.91 and a one year high of $18.81. The firm has a fifty day moving average price of $18.34 and a two-hundred day moving average price of $18.00.

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. This is a boost from Global X Nasdaq 100 Covered Call ETF’s previous dividend of $0.18. The ex-dividend date was Monday, December 30th.

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.