Collaborative Wealth Managment Inc. Has $1.92 Million Stock Holdings in Global X Nasdaq 100 Covered Call ETF $QYLD

Collaborative Wealth Managment Inc. trimmed its stake in shares of Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 10.6% in the second quarter, Holdings Channel.com reports. The fund owned 114,849 shares of the company’s stock after selling 13,674 shares during the quarter. Global X Nasdaq 100 Covered Call ETF makes up approximately 0.8% of Collaborative Wealth Managment Inc.’s investment portfolio, making the stock its 29th biggest position. Collaborative Wealth Managment Inc.’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $1,920,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Accurate Wealth Management LLC bought a new stake in Global X Nasdaq 100 Covered Call ETF in the second quarter worth approximately $172,000. Farther Finance Advisors LLC grew its position in shares of Global X Nasdaq 100 Covered Call ETF by 105.3% during the 2nd quarter. Farther Finance Advisors LLC now owns 35,082 shares of the company’s stock worth $587,000 after buying an additional 17,995 shares during the period. Independent Wealth Network Inc. grew its position in shares of Global X Nasdaq 100 Covered Call ETF by 36.3% during the 2nd quarter. Independent Wealth Network Inc. now owns 103,269 shares of the company’s stock worth $1,727,000 after buying an additional 27,502 shares during the period. Bensler LLC increased its stake in shares of Global X Nasdaq 100 Covered Call ETF by 4,648.8% in the 2nd quarter. Bensler LLC now owns 1,261,192 shares of the company’s stock valued at $21,087,000 after acquiring an additional 1,234,634 shares in the last quarter. Finally, Signaturefd LLC lifted its position in shares of Global X Nasdaq 100 Covered Call ETF by 13.3% during the 2nd quarter. Signaturefd LLC now owns 13,628 shares of the company’s stock valued at $228,000 after acquiring an additional 1,600 shares during the period.

Global X Nasdaq 100 Covered Call ETF Stock Up 0.2%

Shares of NASDAQ QYLD opened at $17.43 on Friday. Global X Nasdaq 100 Covered Call ETF has a 12-month low of $14.48 and a 12-month high of $18.89. The firm has a market cap of $8.11 billion, a PE ratio of 32.28 and a beta of 0.65. The company’s fifty day simple moving average is $17.17 and its 200 day simple moving average is $16.80.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, October 27th. Stockholders of record on Monday, October 20th were paid a $0.1731 dividend. The ex-dividend date was Monday, October 20th. This represents a c) annualized dividend 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.

About Global X Nasdaq 100 Covered Call ETF

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.