Spire Wealth Management Buys 3,062 Shares of Global X Nasdaq 100 Covered Call ETF $QYLD

Spire Wealth Management raised its position in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 62.0% in the second quarter, HoldingsChannel.com reports. The firm owned 8,000 shares of the company’s stock after purchasing an additional 3,062 shares during the quarter. Spire Wealth Management’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $134,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in QYLD. Dagco Inc. acquired a new stake in Global X Nasdaq 100 Covered Call ETF during the 1st quarter valued at approximately $25,000. Bartlett & CO. Wealth Management LLC acquired a new stake in Global X Nasdaq 100 Covered Call ETF during the 2nd quarter valued at approximately $26,000. Rossby Financial LCC bought a new position in shares of Global X Nasdaq 100 Covered Call ETF in the 2nd quarter worth about $33,000. Salem Investment Counselors Inc. raised its position in shares of Global X Nasdaq 100 Covered Call ETF by 92.9% in the 2nd quarter. Salem Investment Counselors Inc. now owns 2,700 shares of the company’s stock worth $45,000 after acquiring an additional 1,300 shares in the last quarter. Finally, Oliver Lagore Vanvalin Investment Group bought a new position in shares of Global X Nasdaq 100 Covered Call ETF in the 2nd quarter worth about $49,000.

Global X Nasdaq 100 Covered Call ETF Trading Down 0.3%

QYLD stock opened at $17.40 on Wednesday. The stock has a 50-day moving average price of $17.05 and a 200-day moving average price of $16.73. Global X Nasdaq 100 Covered Call ETF has a 1-year low of $14.48 and a 1-year high of $18.89. The firm has a market cap of $8.12 billion, a PE ratio of 32.28 and a beta of 0.65.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, October 27th. Investors of record on Monday, October 20th were given a $0.1731 dividend. This represents a c) dividend on an annualized basis and a yield of 11.9%. The ex-dividend date of this dividend was Monday, October 20th. 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 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.