Kingswood Wealth Advisors LLC Sells 34,510 Shares of Global X Nasdaq 100 Covered Call ETF $QYLD

Kingswood Wealth Advisors LLC lessened its stake in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 45.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,889 shares of the company’s stock after selling 34,510 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $684,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in QYLD. Global X Japan Co. Ltd. boosted its position in shares of Global X Nasdaq 100 Covered Call ETF by 70.9% during the 1st quarter. Global X Japan Co. Ltd. now owns 9,250,598 shares of the company’s stock worth $153,837,000 after purchasing an additional 3,836,324 shares in the last quarter. Signal Advisors Wealth LLC boosted its position in shares of Global X Nasdaq 100 Covered Call ETF by 453.8% during the 2nd quarter. Signal Advisors Wealth LLC now owns 1,755,440 shares of the company’s stock worth $29,351,000 after purchasing an additional 1,438,461 shares in the last quarter. LPL Financial LLC boosted its position in shares of Global X Nasdaq 100 Covered Call ETF by 4.2% during the 1st quarter. LPL Financial LLC now owns 12,759,474 shares of the company’s stock worth $212,190,000 after purchasing an additional 510,694 shares in the last quarter. Ameriprise Financial Inc. boosted its position in shares of Global X Nasdaq 100 Covered Call ETF by 19.5% during the 1st quarter. Ameriprise Financial Inc. now owns 2,590,373 shares of the company’s stock worth $43,076,000 after purchasing an additional 423,101 shares in the last quarter. Finally, Atlas Private Wealth Advisors boosted its position in shares of Global X Nasdaq 100 Covered Call ETF by 60.0% during the 1st quarter. Atlas Private Wealth Advisors now owns 908,693 shares of the company’s stock worth $15,112,000 after purchasing an additional 340,615 shares in the last quarter.

Global X Nasdaq 100 Covered Call ETF Price Performance

QYLD stock opened at $17.16 on Thursday. The stock has a market capitalization of $8.19 billion, a PE ratio of 32.28 and a beta of 0.71. The company’s 50-day moving average is $16.85 and its 200-day moving average is $16.59. Global X Nasdaq 100 Covered Call ETF has a 1 year low of $14.48 and a 1 year high of $18.89.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 22nd were issued a $0.1704 dividend. The ex-dividend date was Monday, September 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 11.9%. This is a boost from Global X Nasdaq 100 Covered Call ETF’s previous monthly dividend of $0.17.

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.