Global X Nasdaq 100 Covered Call ETF $QYLD Stake Lessened by Raymond James Financial Inc.

Raymond James Financial Inc. cut its stake in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 1.7% in the 1st quarter, HoldingsChannel reports. The fund owned 3,912,835 shares of the company’s stock after selling 69,034 shares during the period. Raymond James Financial Inc.’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $65,070,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Aptus Capital Advisors LLC boosted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 1.1% in the fourth quarter. Aptus Capital Advisors LLC now owns 49,621 shares of the company’s stock valued at $905,000 after acquiring an additional 561 shares in the last quarter. Moors & Cabot Inc. boosted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 2.1% in the first quarter. Moors & Cabot Inc. now owns 31,126 shares of the company’s stock valued at $518,000 after acquiring an additional 655 shares in the last quarter. Essex Financial Services Inc. boosted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 2.1% in the first quarter. Essex Financial Services Inc. now owns 32,433 shares of the company’s stock valued at $539,000 after acquiring an additional 659 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 18.8% in the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,258 shares of the company’s stock valued at $71,000 after acquiring an additional 675 shares in the last quarter. Finally, IFG Advisory LLC boosted its holdings in shares of Global X Nasdaq 100 Covered Call ETF by 3.3% in the first quarter. IFG Advisory LLC now owns 20,916 shares of the company’s stock valued at $348,000 after acquiring an additional 676 shares in the last quarter.

Global X Nasdaq 100 Covered Call ETF Stock Performance

Shares of NASDAQ:QYLD opened at $16.52 on Thursday. The stock has a market capitalization of $8.21 billion, a price-to-earnings ratio of 32.28 and a beta of 0.71. Global X Nasdaq 100 Covered Call ETF has a 1-year low of $14.48 and a 1-year high of $18.89. The company has a 50 day moving average price of $16.73 and a 200 day moving average price of $16.83.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, August 25th. Investors of record on Monday, August 18th will be paid a $0.1677 dividend. The ex-dividend date of this dividend is Monday, August 18th. This represents a c) dividend on an annualized basis and a yield of 12.2%. This is a positive change from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.17.

Global X Nasdaq 100 Covered Call ETF Company 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.