United Advisor Group LLC Decreases Position in Global X Nasdaq 100 Covered Call ETF $QYLD

United Advisor Group LLC decreased its holdings in Global X Nasdaq 100 Covered Call ETF (NASDAQ:QYLD) by 36.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,495 shares of the company’s stock after selling 9,910 shares during the period. United Advisor Group LLC’s holdings in Global X Nasdaq 100 Covered Call ETF were worth $293,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also modified their holdings of QYLD. LPL Financial LLC grew its stake in 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. Global X Japan Co. Ltd. boosted its stake in shares of Global X Nasdaq 100 Covered Call ETF by 24.6% in the 2nd quarter. Global X Japan Co. Ltd. now owns 11,522,838 shares of the company’s stock valued at $192,662,000 after buying an additional 2,272,240 shares during the period. CWM LLC grew its position in shares of Global X Nasdaq 100 Covered Call ETF by 4.1% during the second quarter. CWM LLC now owns 2,635,875 shares of the company’s stock worth $44,072,000 after buying an additional 104,744 shares in the last quarter. Ameriprise Financial Inc. grew its position in shares of Global X Nasdaq 100 Covered Call ETF by 19.5% during the first quarter. Ameriprise Financial Inc. now owns 2,590,373 shares of the company’s stock worth $43,076,000 after buying an additional 423,101 shares in the last quarter. Finally, Royal Bank of Canada increased its stake in shares of Global X Nasdaq 100 Covered Call ETF by 2.4% during the first quarter. Royal Bank of Canada now owns 2,181,224 shares of the company’s stock worth $36,273,000 after buying an additional 51,322 shares during the period.

Global X Nasdaq 100 Covered Call ETF Stock Up 0.5%

Shares of NASDAQ:QYLD opened at $17.41 on Thursday. 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. The firm’s 50 day moving average price is $17.20 and its 200 day moving average price is $16.82. The stock has a market cap of $8.10 billion, a price-to-earnings ratio of 32.28 and a beta of 0.65.

Global X Nasdaq 100 Covered Call ETF Increases Dividend

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