Private Client Services LLC Purchases 1,217 Shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD)

Private Client Services LLC increased its position in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 11.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,315 shares of the company’s stock after purchasing an additional 1,217 shares during the quarter. Private Client Services LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $205,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. AdvisorNet Financial Inc boosted its position in shares of Global X Nasdaq 100 Covered Call ETF by 71.1% in the 1st quarter. AdvisorNet Financial Inc now owns 6,607 shares of the company’s stock worth $110,000 after purchasing an additional 2,745 shares during the last quarter. Comprehensive Money Management Services LLC bought a new position in Global X Nasdaq 100 Covered Call ETF during the fourth quarter worth about $770,000. Jefferies Financial Group Inc. boosted its holdings in Global X Nasdaq 100 Covered Call ETF by 10.0% during the fourth quarter. Jefferies Financial Group Inc. now owns 314,528 shares of the company’s stock worth $5,731,000 after buying an additional 28,677 shares during the last quarter. Armis Advisers LLC acquired a new position in shares of Global X Nasdaq 100 Covered Call ETF during the 4th quarter worth about $258,000. Finally, Montchanin Asset Management LLC increased its stake in shares of Global X Nasdaq 100 Covered Call ETF by 6.0% in the 4th quarter. Montchanin Asset Management LLC now owns 173,220 shares of the company’s stock valued at $3,156,000 after acquiring an additional 9,735 shares during the last quarter.

Global X Nasdaq 100 Covered Call ETF Price Performance

Global X Nasdaq 100 Covered Call ETF stock opened at $16.32 on Friday. The firm has a market capitalization of $8.21 billion, a price-to-earnings ratio of 29.99 and a beta of 0.71. The company’s 50 day simple moving average is $16.23 and its 200 day simple moving average is $17.49. Global X Nasdaq 100 Covered Call ETF has a fifty-two week low of $14.48 and a fifty-two week high of $18.89.

Global X Nasdaq 100 Covered Call ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, May 27th. Shareholders of record on Monday, May 19th were issued a $0.165 dividend. The ex-dividend date was Monday, May 19th. This represents a $1.98 annualized dividend and a yield of 12.13%.

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.